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22 Feb
07:45

SK On to raise KRW 2 trillion for battery capacity expansion: report

South Korean battery giant SK On is reportedly planning to raise about KRW 2 trillion ($1.5 billion) in an upcoming new round of capital injection for battery capacity expansion-related investments. The manufacturer hasn’t decided the exact target of the fundraising and is currently listening to bankers’ suggestions on the funding size and methods, South Korean newspaper The Korea Economic Daily reported. SK On did not respond to Kallanish’s re…
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