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Exclusive: Trump administration seeks equity stake in Lithium Americas amid loan talks
Reuters· 2025-09-23 20:08
The Trump administration is seeking an equity stake of as much as 10% in Lithium Americas as it renegotiates terms of the company's $2.26 billion Energy Department loan for its Thacker Pass lithium project with General Motors , two people familiar with the discussions told Reuters. ...
SMBC to purchase additional 4.2% stake in India’s YES Bank
Yahoo Finance· 2025-09-18 11:45
Sumitomo Mitsui Banking Corporation (SMBC) has reached an agreement with CA Basque Investments, an affiliate of the global investment firm The Carlyle Group, to increase its equity stake in YES Bank by an additional 4.2%. The agreement follows the completion of SMBC's initial acquisition of a 20% stake in the Indian private commercial bank. SMBC acquired this stake through a secondary purchase of shares from State Bank of India (SBI) and additional bank investors. The transaction for the additional stak ...