Saft raises $180M for U.S. lithium-ion projects

Nov 30, 2009 | 12:00 PM |

Battery maker Saft Groupe SA has raised almost €120 million ($179.9 million) to help finance two lithium-ion projects in the United States.

The French company raised the money through a rights issue on Euronext Paris of 5.7 million new shares. The new shares will be settled....

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