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Norway’s Unemployment Rate Falls to 4.5% in July
Statistics Norway counted 138,000 unemployed people in July, while a revision lowered June’s trend rate to 4.5% and youth labor-market participation continued to rise.
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Ivanhoe Electric Gets Preliminary U.S. EXIM Support for $1.1 Billion Arizona Copper Financing
EXIM's preliminary project letter raises potential debt financing for the Santa Cruz Copper Project from $825 million to $1.1 billion, but final approval is not expected until spring…
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RUM Group Discloses $13.7 Billion GPU Services Contract With U.S. Cloud Customer
The six-year agreement covers three GPU-service purchase tranches at RUM's developing Maysville site, but the third tranche requires customer approval of its proposed delivery date.
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H.B. Fuller Rejects Ancora’s $1.1 Billion to $1.2 Billion Bid for Adhesives Unit
H.B. Fuller’s board said Ancora’s cash proposal materially undervalues its Building Adhesives Solutions business, while the activist investor reaffirmed the bid and said it could raise the price…
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USA Rare Earth Says $1.55 Billion Capitalization Is in Place for Serra Verde Offtake
The structure combines $750 million of U.S. government funding, a $500 million bank commitment and at least $300 million of U.S. forward purchases, clearing one condition for USA…
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Arbutus Launches $230 Million Dutch-Auction Share Tender
Arbutus is offering $5.00 to $5.75 a share and could retire 20.2% to 23.2% of its outstanding stock if the $230 million tender is fully subscribed.
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nVent Agrees to Buy Data-Center Power Supplier Maverick for $1.75 Billion
The deal adds a data-center power-distribution platform to nVent and includes up to $550 million of additional cash consideration tied to Maverick's 2027 and 2028 performance.
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BitMine Says Crypto, Cash and Marketable Securities Holdings Reached $14.9 Billion
BitMine reported 5.85 million ETH and $308 million in cash and marketable securities as higher ether prices lifted the value of its disclosed holdings.
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Parsons Wins $514 Million Missile Defense Agency Contract Option
The two-year award exercises the second option on Parsons' TEAMS-Next systems-engineering contract, originally valued at up to $2.24 billion in 2021.
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Booz Allen Closes $720 Million Ultra Mission Solutions Acquisition
Ultra Mission Solutions will operate as the commercial product and solutions component of Booz Allen's defense technology business after the $720 million purchase closed August 24.