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Sherritt Sells Majority Stake to Gillon Capital to Avoid US Sanctions
Canadian mining company Sherritt International has signed a preliminary deal to sell a majority stake to Gillon Capital. This strategic move is intended to help Sherritt avoid U.S. sanctions related to its operations in Cuba.
20 May, 15:39 — 20 May, 18:55
The Story
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Source Diversity
Source Diversity
Moderate (32/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
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Left (1)
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Right (1)
seeking-alpha
Far R
Geographic diversity— 2 regions9/34
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cbcHigh20h ago
Canadian mining company Sherritt signs preliminary deal to sell majority stake to Gillon Capital
Sherritt suspended direct participation in its joint venture in Cuba earlier this month amid ramped up pressure by the U.S. on the island nation.
Read full article →seeking-alphaMixed23h ago
Sherritt to sell controlling stake to Gillon Capital to avoid U.S. sanctions against Cuba
Read full article →Coverage Timeline
First report: seeking-alpha · 20 May, 15:39|Full coverage: 2 · 3h|Window: 3h
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