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LONGUEUIL, QC, June 5, 2021 /CNW Telbec/ – ArcelorMittal Mines and Infrastructure Canada (“ArcelorMittal”) and the executives of the five local unions of the United Steelworkers reached an agreement in principle for the renewal of their collective labour agreement.The last round of negotiations, held in the presence of a conciliator named by the Minister of Labour, Employment and Social Solidarity, resolved the remaining outstanding issues and led to reaching an agreement in principle. The President and Chief Executive Officer of ArcelorMittal Mining Canada and Chairman of the Management Committee of ArcelorMittal Infrastructure Canada, Mr. Mapi Mobwano, took part in these latest negotiations.Provided that the members of the five local unions of the United Steelworkers ratify the agreement in principle, the collective labour agreement will be renewed for a period of four years. ArcelorMittal will therefore be able to provide stability for all its employees and business partners.”We are pleased with this outcome, which is the result of the efforts of both parties at the negotiating table and the work of the conciliator. We leave it to the executives of the five local unions to present to their members the details of the agreement in principle to be ratified and we

BEIJING, June 5, 2021 /PRNewswire/ — Primavera Capital Group (“Primavera”) today announces that it has signed a definitive agreement with Reckitt Benckiser Group plc (“Reckitt”), a world’s leading consumer health, nutrition, and hygiene company, to acquire the Greater China business of the Mead Johnson Nutrition Company (“Mead Johnson”, the “Company”), a global leading infant formula and nutrition company owned by Reckitt. Following the transaction, Primavera will have a royalty-free perpetual and exclusive license of the Mead Johnson brand in Greater China. This acquisition is another milestone for Primavera in the consumer industry. Going forward, Primavera will fully support Mead Johnson’s growth in China, through innovation, operational improvement, channel optimization, and digital transformation, to further enhance its positioning and growth prospects in China’s large infant nutrition market.Mead Johnson was founded in 1905 in Illinois, USA by Edward Mead Johnson. It is a world-renowned premium infant milk formula brand. In 2009, the Company successfully listed on the New York Stock Exchange, and in 2017 was acquired by Reckitt . Following Primavera’s acquisition, the infant formula and child nutrition business in Greater China will benefit from Reckitt’s supply resources and ongoing collaboration on global R&D innovation. The transaction is subject to customary works council consultation

NORTHFIELD, Ill., June 5, 2021 /PRNewswire/ — Medline Industries, Inc., the nation’s largest privately held manufacturer and distributor of healthcare supplies with 2020 revenue of $17.5 billion, today announced that it has entered into a definitive agreement through which it will receive a majority investment from a partnership comprised of funds managed by Blackstone, Carlyle and Hellman & Friedman. Following the close of the transaction, Medline will remain a privately held, family-led company. Medline will continue to be led by the Mills family, who will remain the largest single shareholder. The entire senior management team will stay in place. The company plans to use the new resources from the partnership to expand its product offerings, accelerate international expansion and continue to make new infrastructure investments to strengthen its global supply chain. “Making healthcare run better has been our focus for decades. This investment from some of the world’s most experienced and successful private investment firms will enable us to accelerate that strategy while preserving the family-led culture that is core to our success,” said Charlie Mills, Chief Executive Officer of Medline.Medline partners with healthcare providers around the world, delivering products and solutions that reduce costs, increase supply chain efficiency, and

InvestorPlace – Stock Market News, Stock Advice & Trading Tips Being a Pennsylvania native, I have been caught up in many intrastate rivalries in my lifetime. Source: Shutterstock Philadelphia versus Pittsburgh. I’m from closer to Philly, so Philly all the way for me. Same with the Flyers versus the Penguins … and the Eagles versus the Steelers. Penn State versus Pitt, which I managed to avoid by going elsewhere. And perhaps the biggest of all … Wawa versus Sheetz. I’m serious. While these two convenience store/gas station chains overlap operations in a fairly small portion of the state, the debate over which is better spans from east to west. Opinions are plentiful and intense. I even know husbands and wives who fall on opposite sides of the argument and are very vocal about their preference. Well, Sheetz just fired the latest shot in the rivalry with an announcement that has much bigger implications than which one has a better breakfast sandwich… I’m having a little fun with the whole rivalry thing, but the announcement really is important. Beginning this summer, Sheetz will allow its customers to pay for purchases with Bitcoin (CCC:BTC-USD) … be it gas at the

Taking care of Canada’s forests and protected places plays a key role in the fight against climate change. MARKHAM, ON, June 05, 2021 /CNW/ – As part of the Government of Canada’s commitment to address climate change and protect biodiversity, Parks Canada is mobilizing to plant 150,000 trees this summer in up to 18 national parks from coast to coast.  This includes planting 45,000 trees in Rouge National Urban Park this year alone. Today, Gary Anandasangaree, Member of Parliament for Scarborough—Rouge Park and Helena Jaczek, Member of Parliament for Markham—Stouffville, along with Omar McDadi, Parks Canada’s Field Unit Superintendent for Rouge National Urban Park joined reforestation partners John MacKenzie, CEO of the Toronto and Region Conservation Authority and Rob Keen, CEO of Forests Ontario in Rouge National Urban Park to highlight Canada’s plan to plant two billion trees over the next 10 years. In an announcement on Friday, June 4, the Honourable Seamus O’Regan Jr., Minister of Natural Resources, and the Honourable Jonathan Wilkinson, Minister of Environment and Climate Change and Minister responsible for Parks Canada, provided an update and outlined the next steps of that plan, which is projected to reduce greenhouse gas emissions by up to 12 megatonnes

Benzinga has examined the prospects for many investor favorite stocks over the past week. The past week’s bullish calls the iPhone maker, an aerospace giant and big banks. The EV leader, an entertainment giant and movie theater operators were among the bearish calls seen. Summer arrived last week, bringing with it high prices for oil and gasoline, little signs of compromise in Congress on infrastructure spending, and major indexes below all-time highs. Also, the meme stocks started to explode all over again in the past week. And while jobless claims hit a post-pandemic low, the May employment situation report was solid but not spectacular, further easing concerns that the Federal Reserve may taper economic stimulus soon. The Dow Jones industrials, S&P 500 and Nasdaq all ended the holiday-shortened week fractionally higher, despite a marginal dip into the red midweek. In other news, airlines are looking optimistic, federal marijuana legalization has a powerful supporter, tariffs are back on the table, and Prime Day and the Worldwide Developers Conference, both highly anticipated, are fast approaching. Not so eagerly anticipated, foreclosures and evictions appear to be poised to explode at the end of this month. Through it all, Benzinga continued

The COVID-19 pandemic continues to create stress and anxiety for many Canadians, particularly those who do not have ready access to their regular support networks. Through the Wellness Together Canada online portal, people of all ages across the country can access immediate, free and confidential mental health and substance use supports, 24 hours a day, seven days a week.  OTTAWA, ON, June 5, 2021 /CNW/ – Today, I challenge people in Canada of all ages to get out and get moving in honour of National Health and Fitness Day. I hope that this day, celebrated every year with the goal of making Canada the world’s fittest nation, inspires you to look for ways to incorporate movement practices into your day. There are many ways to get physically active, from walking, running, or taking leisurely bike rides, to choosing to take the stairs or dancing to your favourite tunes at home. No matter who you are, physical activity is an important choice you can make for your health. Research has shown that exercise can provide a diverse range of benefits like strengthening your body, supporting brain health, reducing risk of chronic diseases, and reduce risk of injury. Physical activity can decrease stress

MONTREAL, June 5, 2021 /CNW Telbec/ – Power Sustainable Capital Inc. (“Power Sustainable”) today announced the exercise (the “Transaction”), through its wholly-owned subsidiary Power Energy Corporation (“PEC”), of options to acquire common shares (“Shares”) of the Lion Electric Company (“Lion”) from certain shareholders of Lion. The Transaction will be completed pursuant to a previously announced agreement dated November 27, 2020 among PEC and other shareholders of Lion under which such shareholders granted to PEC options to acquire up to 13,212,480 Shares (“PECOptions”), subject to certain terms and conditions. Pursuant to the exercise of 10,941,585 PEC Options, PEC will acquire 8,891,812 Shares, on a cashless net settlement basis. Before the Transaction, Power Sustainable held 58,409,354 Shares, which represented approximately 30.99% of the issued and outstanding Shares on a non-diluted basis. Following the Transaction, Power Sustainable will beneficially own and exercise control over 67,301,166 Shares, which will represent approximately 35.70% of the issued and outstanding Shares on a non-diluted basis and, assuming the exercise in full of the remaining PEC Options (representing up to an additional 2,270,895 Shares), approximately 36.91% of the issued and outstanding Shares.Power Sustainable, through PEC, holds the Shares and the PEC Options for investment purposes and, pursuant to

From left: Brian Breslin, Melissa Medina, Matt Haggman, Keith Rabois, Delian Asparouhov, and Jack Abraham. Marianne Ayala/Insider

CORINTH, Miss., June 5, 2021 /PRNewswire/ — The USW today condemned Mississippi Polymers’ decision to lock out more than 100 members of USW Local 759L in its Corinth, Miss., plant.”Our members are ready and willing to keep working while we continue bargaining a fair deal,” said USW District 9 Director Daniel Flippo. “It’s appalling that the company is willing to take this drastic step and keep workers off the job instead of working in good faith to resolve our outstanding differences.”The local has been bargaining a new contract with Mississippi Polymers. On June 4, the company refused to allow workers on the job after they voted down a proposal with unreasonable changes to their health insurance and reducing their job security. At midnight the company instituted a formal lock out.”These hard-working union members and their families deserve a contract that reflects their dedication and commitment,” Flippo said. “We are willing to keep working until we reach that agreement, but the company must end this illegal lock out.” The USW represents 850,000 workers employed in metals, mining, pulp and paper, rubber, chemicals, glass, auto supply and the energy-producing industries, along with a growing number of workers in health care, public