05:03 PM EST, 01/02/2025 (MT Newswires) -- NN (NNBR) said Thursday it signed an asset-backed loan credit agreement that will provide a $50 million revolving credit facility. Proceeds from the new facility were used to refinance NN's asset-backed loan credit agreement, the company said. The loan will mature on the earlier of Dec. 30, 2029, or 90 days before the...

Jan 2 (Reuters) - The United Steelworkers union expressed concerns about Nippon Steel's ( NISTF ) latest proposal that gives the U.S. government veto power over any potential reductions in U.S. Steel's production capacity, if they get the approval to merge. The union, which has opposed U.S. Steel's merger with the Japanese steel giant, said Nippon's offer fails to commit...

05:05 PM EST, 01/02/2025 (MT Newswires) -- TreeHouse Foods ( THS ) said late Thursday it completed its acquisition of Harris Tea for about $205 million. The transaction was funded primarily with cash on hand, according to TreeHouse. It expects the acquisition to be accretive to revenue and profitability in 2025. The company reiterated its 2024 outlook, including for sequential...

05:10 PM EST, 01/02/2025 (MT Newswires) -- Apollo Global Management ( APO ) said preliminary Q4 estimates showed pretax alternative net investment income to be about $265 million, representing an estimated 9% annualized return. The information was reported ahead of Q4 results set for release Feb. 4, the company said Thursday in a regulatory filing. ...