Bollore Battery Share Offer Reflects Growing EV Demand

Newswire

  By Laurence Frost and Matthieu Protard PARIS, Oct 17 (Reuters) - A flotation of French battery maker Blue Solutions may value the loss-making company at up to 418 million euros ($564 million), its owner said on Thursday, signalling growing investor appetite for electric-car technology. Bollore group, which is controlled by French industrialist Vincent Bollore, said it had set an indicative offer price of between 12 and 14.50 euros per share for the company that makes batteries ...

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