A123 Systems (AONE) In MOU with Wanxiang to Invest Up to $450M
Tweet Send to a FriendGet Alerts AONE Hot Sheet
Trade AONE Now!
A123 Systems (Nasdaq: AONE) signed a non-binding memorandum of understanding (MOU) with Wanxiang Group Corporation establishing the framework for a strategic investment through which Wanxiang would invest up to $450 million in A123.
Wanxiang is China's largest automotive components manufacturer and one of China's largest non-government-owned companies.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Wanxiang is China's largest automotive components manufacturer and one of China's largest non-government-owned companies.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Rambus (RMBS) Enters License with STMicro (STM)
- Chevron (CVX) to Sell Interest in 3 Additional Nigerian Oil Leases
- Supreme Court Reverses U.S. Court of Appeals Decision in FTC v. Actavis (ACT)
Create E-mail Alert Related Categories
Corporate News, Hot Corp. News
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
