MNS 0.00% 4.2¢ magnis energy technologies ltd

Total says Saft battery unit moving into energy storage and...

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    Total says Saft battery unit moving into energy storage and mobility

    Feb 8 (Reuters) - Total Sa:

    * TOTAL CEO SAYS SAFT BATTERY UNIT MOVING INTO ENERGY STORAGE AND MOBILITY.

    * SAYS NO REGRETS IN INVESTING $1 BILLION IN THE BUSINESS GIVEN EVOLUTION OF BATTERY SECTOR.

    * TOTAL BOUGHT THE HIGH-END INDUSTRIAL BATTERY MAKER IN 2016 FOR $1 BILLION.

    Just gives you an indication of the type of huge valuations that companies in the LI-B battery production market have. It's so good to have a holding in a company aspiring to become one of the players in this field.
    Last edited by Briyu: 23/02/18
 
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