Amara Raja will increase stake in InoBat with €20 million funding
Battery producer Amara Raja Power & Mobility (ARE&M) has invested 20 million euros, together with a subscription for a further 4.5% fairness stake, in InoBat AS. After this funding, ARE&M’s complete holding in InoBat AS will probably be round 9.32%. It earlier invested 10 m euros. The Slovak firm InoBat specialises within the analysis, growth, … Read more