The Arch City Report

$6B company falls through

St. Louis Business Journal Season 1 Episode 29

St. Louis was in line to get a new $6 billion public company — until the deal recently collapsed. The company, Evolution Metals, said it would be based in The Hill neighborhood and help build a U.S. battery and magnet supply chain to rival China’s. We’ll take you inside what actually happened. 

Plus, trouble for a company that’s already traded on Wall Street. The stock of Clayton-based Centene Corp. is down nearly 50% this year. Our reporter breaks down what’s behind the slide — and why it matters here at home.  Centene is the St. Louis region’s largest public company, with 4,500 local employees.