Loop Industries forms strategic alternatives committee
The company said the board committee will prioritize securing capital for its planned India joint venture and evaluate strategic and financial options to maximize shareholder value.
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The company said the board committee will prioritize securing capital for its planned India joint venture and evaluate strategic and financial options to maximize shareholder value.
Loop Industries formed a Board-led Strategic Alternatives Committee to secure financing for its India JV and review options including investments, licensing, partnerships, regional JVs, project-level financing, or a potential sale, merger, or going-private transaction.
Loop Industries says its board has formed a Strategic Alternatives Committee as part of a board-led process to evaluate strategic and financial options, including capital formation related to its India joint venture.