Brief: Bel Acquires A Stake In Innolectric AG

Bel Fuse

06/02/2023 15:24

Feb 6 (Reuters) - Bel Fuse Inc  BELFA.O :
    * BEL ACQUIRES A STAKE IN INNOLECTRIC AG, FURTHER ENHANCING
ITS
POSITION IN THE RAPIDLY EVOLVING EV ON-BOARD CHARGING MARKET FOR
COMMERCIAL VEHICLES
    * BEL FUSE INC -  AS PART OF INVESTMENT, BEL WILL HAVE
OPTION TO
FURTHER EXPAND ITS 1/3 OWNERSHIP STAKE UPON ACHIEVEMENT OF KEY
MILESTONES

Source text for Eikon:  ID:nGNX8yftFZ 
Further company coverage:  BELFA.O 
 ((Reuters.Briefs@thomsonreuters.com;))