Global safety equipment manufacturer MSA Safety Incorporated (“MSA Safety” or the “Company”) (NYSE:MSA) today announced that it has divested a wholly owned subsidiary that holds legacy product liability claims relating to coal dust, asbestos, silica, and other exposures, to a joint venture between R&Q Insurance Holdings Ltd. (“R&Q”) and Obra Capital, Inc. (“Obra”). In connection with the closing, MSA Safety contributed $341 million in cash and cash equivalents, while R&Q and Obra contributed an additio
Bitcoin Miners Flee, Selling Their Balances In The Wake Of FTX’s Fall
Bitcoin (CRYPTO: BTC) saw its miners flee from the network in the wake of the fall of major crypto exchange FTX.
