BorgWarner to buy EV charging business of China-based Hubei SSE

BorgWarner Inc. announced Tuesday and equity transfer agreement to buy the electric vehicle charging business of China-based Hubei Surpass Sun Electric in a deal valued at up to RMB410 million . The deal includes RMB267 million to be delivered around the closing, which is expected to occur in the first quarter of 2023, and up to RMB143 million in the form of contingent payments over two years after closing.

BWA announced Tuesday and equity transfer agreement to buy the electric vehicle charging business of China-based Hubei Surpass Sun Electric in a deal valued at up to RMB410 million . The deal includes RMB267 million to be delivered around the closing, which is expected to occur in the first quarter of 2023, and up to RMB143 million in the form of contingent payments over two years after closing.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

3 Stocks To Watch This Week: Costco, Fedex, General Mills | Investing.comStocks Analysis by Haris Anwar/Investing.com covering: Nasdaq 100, S&P 500, FedEx Corporation, General Mills Inc. Read Haris Anwar/Investing.com's latest article on Investing.com What’s ur thoughts? And with FedEx results.. “Fed will become ex of many traders / investors” 🤣🤣 I offer live 24/7 Crypto support! Buy,sell,exchanges,dex. Live support on WhatsApp or Skype! Even for people who don't understand how it works: what a blockchain is? how to store offline your coins in wallet,metamask... for maximum security. Italian&english speaking.
Source: Investingcom - 🏆 450. / 53 Read more »