Brief: Leclanche To Reorganize Company Along With Partnering With Eneris Group

Leclanche SA

02/06/2020 06:05

June 2 (Reuters) - LECLANCHE SA  LECN.S :
    * LECLANCHÉ ANNOUNCES STRATEGIC COMPANY REORGANIZATION ALONG
WITH
AN INDUSTRIAL PARTNERSHIP AGREEMENT WITH ENERIS GROUP AIMING AT
CREATING A LEADING EUROPEAN BATTERY PARTNERSHIP
    * ENERIS GROUP TO MAKE DIRECT INVESTMENTS TOTALING UP TO CHF
95
MILLION IN TWO MANUFACTURING JVS AND A TECHNOLOGY LICENSE
AGREEMENT
    * LECLANCHÉ GRANTS A LICENSE TO ENERIS FOR FURTHER
DEVELOPMENT AND
ACCESS TO LARGER SCALE INDUSTRIALIZATION
    * LECLANCHÉ SHALL RETAIN ALL CUSTOMER CONTRACTS UNCHANGED

Source text for Eikon:  ID:nPre7QyGPa 
Further company coverage:  LECN.S 

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