Reported Earlier, Loop Industries And Reed Management Ink €35M Deal To Propel Global Commercialization Of Infinite Loop Technology
Portfolio Pulse from Benzinga Newsdesk
Loop Industries and Reed Management have signed a €35 million deal to advance the global commercialization of Loop's Infinite Loop technology.
May 31, 2024 | 8:25 am
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Loop Industries has entered into a €35 million partnership with Reed Management to accelerate the global commercialization of its Infinite Loop technology.
The €35 million deal with Reed Management is a significant partnership that will likely enhance Loop Industries' market position and accelerate the adoption of its Infinite Loop technology, positively impacting its stock price in the short term.
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