Brief: IQ International To Form Joint Venture With Modi India

iQ International AG

10/09/2020 07:02

Sept 10 (Reuters) - IQ INTERNATIONAL AG  IQL.DE :
    * IQ INTERNATIONAL TO FORM A JOINT VENTURE WITH MODI INDIA
    * SIGNED AN MOU WITH INDIAN COMPANY MODI RUBBER LIMITED TO
CREATE
A JV BATTERY FACTORY IN INDIA.
    * IQ INTERNATIONAL WILL, THROUGH JOINT VENTURE MANAGEMENT,
CONTROL
AND MANAGE OPERATIONS OF JOINT VENTURE, AND PARTIES WILL
COLLABORATE ON DISTRIBUTION OF PRODUCED BATTERIES IN DEFINED
TERRITORIES

Source text for Eikon:  ID:nPex7lVtDa 
Further company coverage:  IQL.DE 

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