RapidEye SNDL (NASDAQ:SNDL) has decided to acquire Indiva Limited (OTCPK:NDVAF), a leading Canadian producer of cannabis edibles that is currently undergoing a court-cleared process to structure its business under bankruptcy protection. Late Friday, SNDL announced a purchase agreement with the London, Ontario-headquartered firm under which it will purchase “all ofContinue Reading
Spencer Platt/Getty Images News Electric car-maker Rivian Automotive (NASDAQ:RIVN) denied rumors and said it had no plans to expand its partnership with Volkswagen (OTCPK:VWAGY) for vehicle production, Reuters reported. A German newspaper, Handelsblatt, earlier reported that the businesses were considering joint production of Rivian’s (RIVN) more affordable and smaller R2Continue Reading
Ceri Breeze American Airlines (NASDAQ:AAL) announced on Tuesday that it has entered into a conditional purchase agreement with clean aviation innovator ZeroAvia for 100 hydrogen-electric engines. The airline company said the engine purchase was intended to power regional jet aircraft with zero inflight emissions, except for water vapor. In addition,Continue Reading
Prostock-Studio/iStock via Getty Images ZimVie (NASDAQ:ZIMV) soared 19% after a report that the dental implants maker is considering a sale after takeover approaches. The company is working with an adviser to review alternatives after getting interest from possible acquirers including private equity firms and industry players, according to a BloombergContinue Reading
alxpin/E+ via Getty Images AeroVironment (NASDAQ:AVAV) closed -7% on Friday after the U.S. State Department cleared the potential sale of rival Anduril Industries’ Altius 600M-V unmanned aerial vehicles to Taiwan in a ~$300M deal. The sale would include 291 Altius 600M-V systems, Altius 600 inert training UAVs, Pneumatic Integrated LaunchContinue Reading
