20
Feb
13:34
Sigma Lithium’s shares get boost from Tesla takeover rumours
Despite declines in major lithium stocks last Friday, Canada-based Sigma Lithium saw its shares rise over 20% in aftermarket trading after reports of a buyout interest from Tesla.
Citing unnamed people familiar to the matter, Bloomberg reported on Friday that the EV maker is mulling a takeover bid for Sigma.
According to the report, Tesla is speaking with potential advisors about a bid and deliberations are in early stages. While noting that talks may not lead …
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Very good overview of the weekly steel market.
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