11:49 AM EDT, 09/04/2024 (MT Newswires) -- Constellium (CSTM) said Wednesday that its aluminium intensive vehicle enclosures, or ALIVE, research project with a consortium of eight partners achieved a 12% to 35% weight reduction in electric vehicle battery enclosure designs compared with existing OEM aluminium and steel designs. The company said the consortium developed novel aluminum battery enclosure designs using...

11:52 AM EDT, 09/04/2024 (MT Newswires) -- CGI announced a $750 million private offering of senior unsecured notes which is expected to close September 5. Net proceeds will be used to repay existing debt, including US$350 million in senior notes maturing on September 12, 2024 and for general corporate purposes. National Bank's Richard Tse considers this a routine financing for...

11:51 AM EDT, 09/04/2024 (MT Newswires) -- (Updates with Williams' response in the third and the fourth paragraphs.) Targa Resources ( TRGP ) rejected Williams' (WMB) informal takeover interest in recent months, Bloomberg News reported Wednesday, citing people with knowledge of the matter. Targa viewed Williams' advances as undervaluing the company, the sources told Bloomberg. There are currently no formal...

LONDON (Reuters) - Commodities trading company Trafigura has extended the notice period for traders leaving the firm to a minimum of six months or up to one year, three sources with knowledge of the matter said, after recent employee departures. It is not known exactly when changes were made to extend the notice period, but the sources said they apply...