Climeworks, one of the earliest and most prominent companies trying to draw carbon out of the air for a profit, is branching out via a carbon removal portfolio company called Climeworks Solutions.

One thing to bear in mind is that the the offer is cash and AXL shares, and when the offer of "85p" was made, that was based on an AXL share price of around $5.82 per share. The AXL share price ...