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Li-Cycle Seeks Buyers After Potential Sale to Glencore Falters

Li-Cycle Seeks Buyers After Potential Sale to Glencore Falters

Bloomberg01-05-2025

A Canadian battery recycling startup is seeking buyers after a potential sale to Glencore Plc fell through.
Li-Cycle Holdings Corp. said it needs additional financing to meet its obligations and repay its debt, according to a statement on Thursday.

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Oilers slightly favored over Panthers in Stanley Cup Final rematch
Oilers slightly favored over Panthers in Stanley Cup Final rematch

Associated Press

time7 minutes ago

  • Associated Press

Oilers slightly favored over Panthers in Stanley Cup Final rematch

LAS VEGAS (AP) — The Stanley Cup Final is so close to being a tossup, Florida would likely be favored if the Panthers had home-ice advantage. But that edge belongs to Edmonton, which largely explains why the Oilers are slight favorites to win the series, which begins Wednesday. 'However you want to look at this pie, you could make an argument that either team could be favored,' Caesars Sportsbook head of hockey Karry Shreeve said. 'Home ice is definitely playing a part. You're just playing the percentages. The team that wins Game 1 of the Stanley Cup, they go on to win roughly 75% of the time.' BetMGM Sportsbook lists the Oilers as -130 favorites to win Game 1 and take that important 1-0 series lead. The sportsbook makes Edmonton as the -125 favorite to become the first Canadian team since Montreal in 1993 to hoist the Stanley Cup. Defending champion Florida, which beat Edmonton in seven games last year, is the +105 underdog. BetMGM trading manager Christian Cipollini said about 55% of the money has come in on the Oilers. 'I would expect that to probably continue,' Cipollini said. 'I think we'll probably take a little more Oilers money just because of Connor McDavid, but this is a rematch. Florida won last year, so I think we will end up getting an even projection.' Hockey handicapper Alex B. Smith, who co-hosts The Ice Guys podcast, doesn't buy the Oilers should be favored. 'You don't see rematches too often in the Cup Final,' Smith said. 'When you do, you always ask yourself the obvious question: Are these two teams better or worse than they were last year? I'd say Florida is a better version of themselves from last year. Edmonton (is) slightly worse than last year, especially when you look at no Zach Hyman available for this series. Connor Brown is returning for Game 1, but how healthy is he going to be? 'I give the edges to Florida based off of they've been playing better, sound defense. I think they're a tighter team than they were last year.' McDavid to repeat? Edmonton's captain became the second skater and sixth player to be awarded the Conn Smythe Trophy as the playoffs MVP last season while playing on the losing team. McDavid leads this postseason in scoring with 26 points, one ahead of teammate Leon Draisaitl, and is the +100 favorite at BetMGM to win the Conn Smythe, giving him a chance to make even more history even if the Panthers win. 'Are they really going to give McDavid back-to-back Conn Smythes in losing efforts?' Cipollini asked. 'He is the favorite because of the points scored and there's already a precedent that they could give it to him here, but that's something to watch as the games get going. If there is a Florida player that isn't really standing out ... there is a real world where it could be him again in a losing effort.' Relying on Skinner Oilers goalie Stuart Skinner has long been viewed as a weakness on the roster, a reputation that appeared to be sealed when he was benched two games into the playoffs. But Skinner is a major reason Edmonton is still playing. He has allowed one or zero goals in five of his past seven starts, three of them shutouts. Another great run in the net could put Skinner, listed +3500 at BetMGM, in position to win the Conn Smythe. 'I would not have told you this was sustainable before,' Smith said of Skinner's hot play. 'Now, with one series left, it certainly is sustainable.' Experienced vs. tired Panthers Florida is making its third consecutive appearance in the Stanley Cup Final, another deep run in which fatigue could finally catch up to the Panthers. Or they could simply be on a heater having won 10 of their previous 11 playoff series. Shreeve said the metrics point to a Panthers championship and though either outcome would be fine with Caesars, a Florida victory would be better. 'I don't hate where we're at with this one,' Shreeve said. 'Last year was a little bit tougher because more people liked Florida, but people are all about Edmonton this postseason, which I like.' NBA romp could benefit NHL Because this series apparently could go either way and Oklahoma City is heavily favored over Indiana in the NBA Finals, that could increase betting interest in the Stanley Cup Final. 'I think it helps the NBA is getting the less sexier matchup,' Shreeve said. 'The more bettable series is going to be Edmonton-Florida. If things stay tight, it has a chance to go six or seven games, which would help.' ___ AP NHL playoffs: and

Free agent Jonathan David responds to Napoli and Juventus links 🇨🇦
Free agent Jonathan David responds to Napoli and Juventus links 🇨🇦

Yahoo

time10 minutes ago

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Free agent Jonathan David responds to Napoli and Juventus links 🇨🇦

Canadian striker Jonathan David has responded to rumours linking him to Serie A clubs this summer following the expiration of his contract at Lille. After scoring 109 goals in 232 games for the French club, the 25-year-old can now move on a free transfer with Serie A champions Napoli and Juventus reportedly in the mix. Advertisement However, in a new interview with The Athletic, David said "no" when asked if he currently has an agreement with either Italian club. Still, signing for high-profile clubs like Napoli or Juventus would create a challenging environment that the Canadian suggested he would enjoy. 'I want a club with ambition that wants to do something,' he said. 'Obviously, I would love to fight for titles, to win titles. A team that's competitive that has ambition, really, with a good sporting project.' '[Napoli] is a club that just won Serie A. And I'm guessing they don't just want to win Serie A one year and say, 'OK, we won, that's it.' Obviously, it's a club that's ambitious, that's going to play in the Champions League." 'I think anywhere you go, there's always pressure to perform every week, there is the pressure to keep your spot, pressure from the supporters, because obviously you have to win every game. There is always pressure anywhere you go." Advertisement And for the clubs looking to scoop his signature, David also admitted there is no set timeline for deciding on his future. "I obviously want to get something done before pre-season starts so I can get settled and have that pre-season time with my team,' he said. 'But apart from that...' 'Anything can happen, you never know what can happen. You just have to be prepared for anything.' In addition to Napoli and Juventus, Liverpool, Chelsea, Manchester United and West Ham have all been linked with signing the Canadian talent. 📸 Michael Owens - 2025 Getty Images

K-Bro Announces Annual General Meeting Results
K-Bro Announces Annual General Meeting Results

Yahoo

time28 minutes ago

  • Yahoo

K-Bro Announces Annual General Meeting Results

(TSX: KBL) EDMONTON, AB, June 3, 2025 /CNW/ - K-Bro Linen Inc. (the "Corporation") announced today announced the results of its annual general meeting (AGM), held on June 3, 2025. A total of 7,224,129 shares were voted in person or by proxy, representing 67.79% of the outstanding shares as of the record date. Shareholders approved all items of business before the AGM, including the election of directors as follows: % of Votes For: % of Votes Withheld: Matthew Hills85.49 %14.51 %Steven Matyas91.24 %8.76 %Linda McCurdy95.57 %4.43 %Michael Percy95.33 %4.67 %Elise Rees95.40 %4.60 %% of Votes For: % of Votes Withheld: Election of PricewaterhouseCoopers99.22 %0.78 %% of Votes For: % of Votes Against: LTI Amendments67.21 %32.79 %CORPORATE PROFILE K-Bro is the largest owner and operator of laundry and linen processing facilities in Canada. K-Bro provides a comprehensive range of general linen and operating room linen processing, management and distribution services to healthcare institutions, hotels and other commercial accounts. K-Bro currently operates eleven processing facilities and two distribution centres under two distinctive brands, including K-Bro Linen Systems Inc. and Buanderie HMR, in ten Canadian cities: Québec City, Montréal, Toronto, Regina, Saskatoon, Prince Albert, Edmonton, Calgary, Vancouver and Victoria. Fishers was established in 1900 and is an operator of laundry and linen processing facilities in Scotland, providing linen rental, workwear hire and cleanroom garment services to the hospitality, healthcare, manufacturing and pharmaceutical sectors. Fishers' client base includes major hotel chains and prestigious venues across Scotland and the North East of England. The company operates in Scotland and the North East of England with facilities in Cupar, Perth, Newcastle, Livingston and Coatbridge. Shortridge was established in the early 1990's and is based in Cumbria, with plants in Lillyhall, Dumfries and a distribution depot in Darlington. It specializes in providing high quality laundry services to local independent hospitality businesses, including hotels, B&Bs, self-catering units and restaurants. Additional information regarding the Corporation including required securities filings are available on our website at and on the Canadian Securities Administrators' website at the System for Electronic Document Analysis and Retrieval ("SEDAR"). K‑Bro est le plus important propriétaire et exploitant de buanderies au Canada. K‑Bro fournit une gamme étendue de services de buanderie aux établissements de soins de santé, hôtels et autres clients commerciaux. K‑Bro exploite actuellement dix usines sous deux marques distinctives, incluant K-Bro Linen Systems Inc., et Buanderie HMR, dans huit villes canadiennes: Québec, Montréal, Toronto, Regina, Edmonton, Calgary, Vancouver et Victoria. Vous pouvez obtenir des renseignements supplémentaires sur la Société, y compris les documents déposés auprès des autorités de réglementation, sur notre site Web, au et sur le site Web des autorités canadiennes en valeurs mobilières au le site Web du Système électronique de données, d'analyse et de recherche (« SEDAR »). SOURCE K-Bro Linen Inc. View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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