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5.7

Morrow Batteries signs letter of intent for acquisition by US-based Lyten

Norwegian battery manufacturer Morrow Batteries has entered into a letter of intent for a sale to the American firm Lyten. The final terms and completion of the acquisition remain subject to further negotiation and due diligence.

Aftenposten3 days agoNO, USCredibility 27%View source

Score Breakdown

Mosaic Score5.7
Confidence0.9
Significance0.5
Source credibility0.3

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#batteries#ma#energy#manufacturing

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