Germans battery maker Switzerland is looking to instigate a €200m ( €400m ) IPO on IPO to fund a €400m investment in a new automated factory for small batteries and the purchase of rival energy storage system companies and technologies. The manufacturer expects its flotation to put its value near €400m .
German battery maker Varta is looking to instigate a €200m ($222m) IPO on the Frankfurt Stock Exchange to fund a €50m investment in a new automated factory for small batteries and the purchase of rival energy storage system companies and technologies. The manufacturer expects its flotation to put its value near €400m.