China’s battery giant CATL is looking to collect billions on the stock market. According to Bloomberg News, the company has kicked off a private placement that could raise about 45 billion yuan ($6.7Bn; €6.4Bn). The fresh capital is to finance expansion and R&D. According to Bloomberg, CATL has set a floor price of 339.67 yuan […] More…
CATL looking to gain billions by floating new shares
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