26
Nov
09:04
Xinli Finance to acquire BAK
Anhui Xinli Finance intends to purchase about 75.62% of Shenzhen BAK Battery's (BAK) shares through replacement of major assets from its financial service lines, issuing shares to purchase assets, and raising corresponding funds. Xinli Finance’s stock soared by over 10% on 26 November, Kallanish reports.
BAK started in the consumer battery field and has gradually stepped into the power battery market. At present, its cumulative installed capacity …
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Anonymous
Very good overview of the weekly steel market.
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