05
Mar
13:12
NICKEL, COBALT: DeepGreen Metals to merge, combined company to go public
Canada-based DeepGreen Metals is merging with Sustainable Opportunities Acquisition Corp, a Texas-based special purpose acquisition company, and will go public, Kallanish reports.
The deal will value the new company, doing business as The Metals Company, at $2.9 billion and includes an additional $330 million from investors including Allseas Group SA, Maersk Supply Service and Glencore. The new company is expected to have about $570m in cash when the deal closes i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous