IMC S.A.

MTH subsidiary PL Handelsgesellschaft confirms the closure of 34 Libro branches this year; six have already closed, reducing the network from 162 to 135 locations. Libro and Pagro are to work more closely together with joint advertising, coordinated purchasing and assortment strategies, and product exchanges (Pagro will take a “best of” selection from Libro, while Libro will expand its craft supplies). Libro is also building Libro.at into its largest “branch,” while Pagro continues to expand and is looking for new locations. » More on kurier.at

IM Cannabis reports that it has met Nasdaq’s minimum shareholders’ equity requirement of $2.5 million and will therefore remain listed and tradable on the Nasdaq Capital Market. The medical cannabis company operating in Israel and Germany has recently seen high volatility and a decline in its share price; for Q1 2025 it reported a net loss per share of $0.09 on revenues of $12.7 million (up 4% year‑on‑year). The company announces a strategic realignment focused on the German market. » More on de.investing.com

The New York firm Jane Street has filed an appeal in India, demanding access to key documents that it says were withheld by securities regulator Sebi from its defense against market manipulation allegations. Jane Street points to earlier reviews that found no evidence of manipulation and has asked the Securities Appellate Tribunal in Mumbai to order Sebi to provide that access. The case has implications for other quantitative trading firms with India operations, such as Jump Trading, Citadel Securities and IMC Trading. » More on handelsblatt.com