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Sherritt's Potential Sale to Trump-Linked Firm

Sherritt's Potential Sale to Trump-Linked Firm

Published 1 day, 12 hours ago
Description

Sherritt International, a Canadian mining company, is in talks with Gillon Capital, a family-owned investment firm linked to the former Trump administration, for a potential majority stake acquisition. This move comes as Sherritt faces challenges from U.S. sanctions on their Cuban operations, which theyve recently decided to continue despite initial plans to exit. The deal, if finalized, would see Gillon buy a 55% stake at a discount, potentially reshaping Sherritts future.

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