Business, Logistics

Proxy Firm: Norfolk Shareholders Should Split Ticket in Vote

Norfolk Southern's CEO won support from adviser Institutional Shareholder Services before a shareholder vote on an activist-driven push to replace the railroad’s leadership team.

Crystal Tse | Bloomberg News
April 30, 2024
Business, Logistics

Cleveland-Cliffs Backs Ancora in Norfolk Southern Fight

Cleveland-Cliffs Inc., a major customer of Norfolk Southern Corp., has backed activist investor Ancora Holdings Group in its effort to overhaul the board of the railway company.

Crystal Tse | Bloomberg News
April 29, 2024
Business, Technology, Logistics, Top 100

Amazon Brand Owner Heyday Raises $555 Million in Funding Round

Heyday, a platform that buys and builds consumer brands that sell on Amazon .com Inc., raised $555 million in a funding round led by Raine Group and Indian tycoon Azim Premji’s investment firm.

Crystal Tse | Bloomberg News
November 16, 2021
Business, Technology, Equipment, Fuel

$10 Billion Rivian IPO Would Be Seventh-Largest on Record

Rivian Automotive Inc., the electric truck maker backed by Amazon .com Inc., has elevated the marketed range of its initial public offering to raise as much as $10 billion.

Crystal Tse | Bloomberg News
November 5, 2021
Business, Technology, Fuel, Autonomous

EV Battery Maker SES Agrees to Go Public Via Ivanhoe SPAC

Battery maker SES Holdings Pte has agreed to go public by merging with Ivanhoe Capital Acquisition Corp. in a deal that will value the combined company at about $3.6 billion.

Crystal Tse | Bloomberg News
July 13, 2021
Business, Technology, Equipment, Fuel

EV Charger Maker Tritium Going Public in SPAC Merger Deal

Tritium, which makes fast chargers for electric vehicles, has reached an agreement to go public through a merger with blank-check company Decarbonization Plus Acquisition Corp. II.

Crystal Tse | Bloomberg News
May 26, 2021