Brief: Cbak Energy Announces A Strategic Investment In Bak Power
28/09/2023 13:10
Sept 28 (Reuters) - CBAK Energy Technology Inc CBAT.O :
* CBAK ENERGY ANNOUNCES A STRATEGIC INVESTMENT IN BAK POWER
* CBAK ENERGY TECHNOLOGY INC - UNDER TERMS OF AGREEMENT,
NANJING
CBAK WILL ACQUIRE 5% STAKE IN BAK POWER FOR RMB260 MILLION (OR
ABOUT $35.57 MILLION)
Source text for Eikon: ID:nPn1wyqBda
Further company coverage: CBAT.O
((Reuters.Briefs@thomsonreuters.com;))
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