3M Shares Rise After Granting Amazon Warrants Worth Over $500 Million in Data Center Deal
3M granted Amazon a seven-year warrant for 3.16 million shares linked to $6 billion in data center purchases amid AI infrastructure growth.
Markets move fast. You should move faster. Be the first to know when deals break, stocks move, or biotech headlines hit. Sign up to get breaking news alerts the moment they happen.
3M granted Amazon a seven-year warrant for 3.16 million shares linked to $6 billion in data center purchases amid AI infrastructure growth.
The deal expands credit trading from issuance to secondary markets and is expected to be accretive.
Deal not confirmed.
The all-cash deal adds advanced infrared thermal imaging and laser optics for defense and industry.
Silgan will receive $2.3 billion in cash and retain 60% of the new metal packaging company after acquiring Trivium with AIP.