Li-Cycle seeking buyers amid ongoing liquidity concerns
01/05/2025 18:25
May 1 (Reuters) - Canadian lithium battery recycling company Li-Cycle LICYN.MX said on Thursday it is seeking buyers for its business or assets as it needs additional funding to maintain operations. The company has hired financial services company Hilco Corporate Finance to help with the process, but said there is no guarantee any deal will materialise. (Reporting by Mrinalika Roy in Bengaluru; Editing by Shailesh Kuber) ((mrinalika.roy@thomsonreuters.com;))
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