3M bets big on green future with latest tech investment in Ohmium International

3M bets big on green future with latest tech investment in Ohmium International

3M (NYSE: MMM), a global leader in diversified technology, has fortified its presence in the emerging climate technology sector through a strategic investment in Ohmium International. This move is part of 3M’s overarching commitment to support the transition to a low-carbon economy and underscores its strategy to potentially decarbonize its operations further. Ohmium International is […]

3M to sell drug delivery business to Altaris Capital for $650m

3M to sell drug delivery business to Altaris Capital for $650m

US industrial conglomerate 3M has signed a cash-cum-stock deal worth around $650 million to sell substantially all of its drug delivery business to an affiliate of Altaris Capital Partners for about $650 million, as per the latest pharma acquisition news. As per the terms of the deal, the total consideration includes cash, an interest-bearing security, […]