SilverCrest Metals said it received approval from Mexico’s antitrust regulator, Comisión Federal de Competencia Económica (COFECE), for its acquisition by U.S.-based Coeur Mining. Read the full story here.
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ABB to acquire Aurora Motors
ABB has signed an agreement to purchase Aurora Motors. This acquisition provides a well-regarded product portfolio, a long-standing customer base in 30 countries and an experienced customer-centered sales structure, as well as solid partnerships with strategic suppliers.
Read MoreKSB GIW acquires significant stake of shares in AIMS/PIP360
Heavy-duty centrifugal slurry pumps manufacturer and designer KSB GIW Inc. acquired a significant stake of shares in AIMS/PIP360, an electronics designer and specialist in ultrasonic sensors and analysis. Full story.
Read MoreRio Tinto confirms Arcadium Lithium deal
Rio Tinto has entered a definitive agreement to acquire Arcadium Lithium for $6.7 billion. The transaction, which will be implemented by way of a Jersey scheme of arrangement, is expected to close in mid-2025. “Acquiring Arcadium Lithium is a significant step forward in Rio Tinto’s long-term strategy, creating a world-class lithium business alongside our leading aluminum and copper operations to…
Read MoreSouthwest Critical finalizes Nevada Copper takeover
Southwest Critical Materials, an affiliate of private equity firm Kinterra Capital, has successfully acquired the Pumpkin Hollow copper project in Yerington, Nev., from Nevada Copper.
Read MoreAIP picks up Veolia North America
American Industrial Partners (AIP) has acquired the sulfuric acid regeneration business of Veolia North America, including its sulfuric acid and potassium hydroxide regeneration, sulfur gas recovery, and sulfur-based products production businesses.
Read MoreBHP, Lundin to acquire Filo, form JV
BHP and Lundin Mining have agreed to jointly acquire 100% of Filo, owner of the Filo del Sol copper project, through a Canadian plan of arrangement.
Read MoreGoodyear to sell off-the-road tire unit to Yokohama
U.S.-based Goodyear Tire & Rubber Co. has signed a definitive agreement to sell its off-the-road (OTR) tire business to the Yokohama Rubber Co. for $905 million in cash. The transaction follows a previously announced strategic review of the OTR tire business in connection with the Goodyear Forward transformation plan.
Read MorePPI acquires Continental Global Material Handling
Precision Pulley & Idler (PPI) has agreed to acquire Continental Global Material Handling, a portfolio company of Stellex Capital Management. United States-based Continental has been “a leader in bulk material handling for decades,” PPI said.
Read MoreIntegrated Power Services to acquire assets of ABB Industrial Services Business
IPS, which specializes in the servicing, engineering and remanufacturing of electrical, mechanical, and power management assets, has agreed to acquire assets of ABB’s Industrial Services business. The business includes a U.S. and Canadian service shop network with locations in Tucson, Ariz.; Evansville, Ind.; Charlotte, N.C.; Edmonton, Alberta, Canada; and Burlington, Ontario, Canada, employing 114 talented employees. The transaction is expected…
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