Li-Cycle Completes Sale of Key Assets to Glencore, Concluding Court-Approved Process
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Li-Cycle Holdings Corporation has completed the sale of subsidiaries and assets to Glencore Canada Corporation, its largest secured creditor. This transaction includes Li-Cycle’s Spokes in various locations and its Rochester Hub project. The sale concludes Li-Cycle’s court-approved sale and investment solicitation process, with some entities winding up while others remain under creditor protection. Further details are available on Alvarez & Marsal’s website.
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