InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,618.26
(
-0.29%
)
US TECH 100
18,927.60
(
-0.06%
)
Dow Jones
41,503.10
(
-0.25%
)
Brent Oil
72.59
(
0.28%
)
Bitcoin
61,981.40
(
0.50%
)
Post# of 1981
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Fishing at Surfside

Send PM Follow Ignore
Followers 34
Posts 5999
Boards Moderated 0
Alias Born 03/07/2006

Fishing at Surfside

Re: None

Thursday, 04/30/2009 9:04:51 AM

Thursday, April 30, 2009 9:04:51 AM

Post# of 1981
ABAT news -

Advanced Battery Technologies Completes Acquisition of Wuxi Angell


NEW YORK and HARBIN, China, Apr 30, 2009 (GlobeNewswire via COMTEX) -- Advanced
Battery Technologies, Inc. (Nasdaq:ABAT) ("the Company"), a leading developer,
manufacturer and distributor of rechargeable Polymer Lithium-Ion (PLI)
batteries, today announced that it has completed the acquisition of Wuxi Angell
Autocycle Co. Ltd. ("Wuxi Angell"). The Company acquired a 100% interest in Wuxi
Angell in exchange for a cash payment of RMB 70 million, US$ 3.64 million and
3.0 million shares of ABAT's common stock.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up