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Cummins is set to take over Meritor

Cummins is going to take over Meritor. The first is willing to pay $36.50 in cash per Meritor share, for a total transaction value of approximately $3.7 billion, including assumed debt and net of acquired cash. Headquartered in Troy, Meritor is a primary brand when it comes to drivetrain, mobility, ...

Stena Recycling to launch a new battery recycling plant in Sweden

Stena Recycling, Swedish specialist in battery recycling, wants to invest in the construction of a battery recycling plant in the Halmstad area, in Sweden. The Swedish Energy Agency decided to support the company by giving Stena about 6.8 million euros. The facility is expected to initially handle a...
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