Announced
Financials
Sources
Tags
Majority
Single Bidder
Electrical Components
battery manufacture
Private
Japan
Acquisition
Domestic
Friendly
Private Equity
Synopsis
Nissan Motor, an automobile manufacturer, agreed to acquire Vehicle Energy Japan, a lithium-ion battery maker, from Innovation Network Corporation of Japan, a private equity firm. Financial terms were not disclosed. "The investment will allow Nissan to secure a stable battery supplier and contribute to the development of next-generation batteries with a competitive edge in terms of both performance and cost," Nissan.
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