15
Feb
14:37
BorgWarner to buy AKASOL
Michigan’s BorgWarner plans to acquire German battery pack producer AKASOL as part of its move to vehicle electrification, Kallanish learns from a company statement.
The enterprise value of the deal - which will be conducted via a stock buy - is estimated at €754 million ($914.21m).
“AKASOL is an excellent strategic fit as BorgWarner seeks to continue to expand its electrification portfolio and capitalise on the profound industry shif…
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Anonymous
Very good overview of the weekly steel market.
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