financetom
Business
financetom
/
Business
/
Carlyle explores sale of electric power producer Cogentrix, FT reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Carlyle explores sale of electric power producer Cogentrix, FT reports
Jun 14, 2024 2:04 PM

June 14 (Reuters) - PE firm Carlyle has hired

advisers to explore a sale of Cogentrix that could value the

North Carolina-based power producer at as much as $3 billion to

$4 billion, the Financial Times reported on Friday, citing

people familiar with the matter.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
What's Going On With Bitcoin Mining Stocks Tuesday?
What's Going On With Bitcoin Mining Stocks Tuesday?
Feb 4, 2025
Bitcoin (CRYPTO: BTC) mining stocks are volatile Tuesday after multiple miners released operational updates for January. Here’s what you need to know. What To Know: Riot Platforms Inc ( RIOT ) announced it mined 527 bitcoin in January, up 2% month-over-month from the 516 mined in December. Riot held a total of 18,221 bitcoin as of the end of January....
Berkshire Hathaway Acquires Over 2.3 Million SiriusXM Shares
Berkshire Hathaway Acquires Over 2.3 Million SiriusXM Shares
Feb 4, 2025
10:50 AM EST, 02/04/2025 (MT Newswires) -- SiriusXM (SIRI) shares were trading about 1.1% higher Tuesday morning after a new regulatory filing showed Berkshire Hathaway (BRK.A, BRK.B) acquired slightly more than 2.3 million of the satellite broadcaster's shares following a series of open-market transactions beginning Jan. 30 and continuing through the close of Monday's session. The stock purchases, made through...
Quantum BioPharma's Unbuzzd Proven to Accelerate Alcohol Metabolism in Clinical Trial; Shares Jump
Quantum BioPharma's Unbuzzd Proven to Accelerate Alcohol Metabolism in Clinical Trial; Shares Jump
Feb 4, 2025
10:52 AM EST, 02/04/2025 (MT Newswires) -- Quantum BioPharma ( QNTM ) said Tuesday that a trial of its dietary supplement, Unbuzzd, confirmed it accelerates alcohol metabolism, speeds the reduction of blood alcohol concentration, and reduces symptoms of intoxication, impairment, and hangover. The study, which examined Unbuzzd's impact on alcohol intoxication and metabolism, found the results to be statistically significant...
Turnstone Biologics Stops Tidal-01 Trials, Explores Strategic Alternatives; Shares Rise
Turnstone Biologics Stops Tidal-01 Trials, Explores Strategic Alternatives; Shares Rise
Feb 4, 2025
10:51 AM EST, 02/04/2025 (MT Newswires) -- Turnstone Biologics ( TSBX ) said Tuesday it has decided to discontinue all clinical trials assessing Tidal-01 in solid tumors and has launched a process to explore strategic alternatives to maximize shareholder value. The company said it has hired an advisor to help in the review of potential alternatives that may include an...
Copyright 2023-2026 - www.financetom.com All Rights Reserved