13
Aug
15:33
CATL to raise $9 billion for lithium-ion projects
Chinese battery manufacturer CATL plans to issue about 232.9 million shares, which is no more than 10% of the company’s total share capital before this issuance, to fund expansion, Kallanish learns.
The company expects the total fundraising to not exceed CNY 58.2 billion ($8.98 billion), it said in a statement last week. The shares subscribed for this time shall not be transferred or listed for trading for at least 6 months from the issuance.
Cash raised,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous