Bloomberg Business

Data Center Firm Cyxtera Close to Deal With Lenders for Funding

Cyxtera Technologies Inc. is nearing a restructuring support agreement that contains bridge financing from lenders as the struggling data-center operator pursues a potential sale and fundraising to address debt issues, according to people familiar with the situation.

Tianqi Weighs Investing in Mercedes-Geely Smart Venture

China’s Tianqi Lithium Corp. is considering buying a minority stake in Smart Automobile Co. as part of the iconic minicar maker’s latest private funding round, according to people familiar with the matter.