News

Oct 07
Private equity firm EIG pays $2.2 bln for LNG projects in Australia

Private equity firm EIG said Friday its MidOcean Energy portfolio company agreed to pay $2.15 billion to Tokyo Gas Co. Ltd. TKGSY, 9531, -1.50% for interests in four Australian liquid natural gas (LNG) projects. The deal includes ownership stakes in Gorgon LNG, Ichthys LNG, Pluto LNG and Queensland Curtis LNG. EIG said the deal marks […]

Oct 07
Aurora Cannabis repurchases $23 million of convertible notes, backs adjusted EBITDA guidance

Aurora Cannabis Inc. ACB, +7.26% ACB, +6.47% said Friday it has repurchased C$31.3 million ($23 million) of convertible senior notes at a total cost of C$29.8 million. The purpose was to reduce its debt and interest costs and expects the move to generate savings of about C$11.9 million. The company still has about C$380 million […]

Oct 07
Israeli biotech Polyrizon to offer 3.1 million units in IPO priced at $5.20 to $7.20 each

Polyrizon Ltd. set terms for its initial public offering on Friday, with plans to offer 3.1 million units priced at $5.20 to $7.20 a pop. Each unit will consist of one ordinary share and three warrants, each to purchase on ordinary share. The company has applied to list on Nasdaq under the ticker “PLRZ.” Aegis […]

Oct 07
Coronavirus tally: U.S. homelessness higher than before the pandemic as housing programs are ended

Homelessness has risen nearly 70% in California over two years as pandemic programs aimed at stemming evictions are ended, the Associated Press reported. The overall number of homeless in a federal government report to be released in coming months is expected to be higher than the 580,000 unhoused before the coronavirus outbreak, the National Alliance […]

Oct 07
Shopify to change procedures over illegal practices of traders, EU says

Shopify SHOP, -2.50% has agreed to change procedures dealing with the illegal practices of traders on its platform, the European Commission said Friday. Shopify has committed to design templates for contact and refund policies to include company information and contact details, provider clear guidance on applicable EU consumer law and provide company details about any […]

Oct 07
Marathon reports $80M exposure to bankrupt mining firm

Marathon has outlined that at this stage its operations hosted by Compute North will continue to operate as usual, and highlighted an improved BTC mining produc… Source: Cointelegraph