Business

Gores Guggenheim SPAC nears deal to combine with Polestar

Polestar is nearing a deal to go public through a merger with a special-purpose acquisition company that would value the Swedish electric vehicle maker at $21 billion, according to people familiar with the matter.

New Jersey set to shed $182M Unilever assets over Ben & Jerry's boycott

A New Jersey state treasury official said on Wednesday it is set to divest $182 million in Unilever Plc (ULVR.L) stock and bonds held by its pension funds over the restriction of sales by the consumer giant's Ben & Jerry's ice cream brand in Israeli-occupied Palestinian territories.