Steelmaker Celsa Group has kicked off a process to sell a stake of as much as 20% to a Spanish investor as part of a restructuring plan approved in 2023, according to people familiar with the matter.

Parker-Hannifin Corporation (NYSE:PH) reported its fourth-quarter 2024 earnings, surpassing analyst expectations with an adjusted earnings per share (EPS) of $6.53, compared to the forecasted $6.23.