Coretec's Acquisition of KIB Plug Energy Boosts Stock Price 27%

By Yahoo! Finance   |   3 months ago
Coretec's Acquisition of KIB Plug Energy Boosts Stock Price 27%

Coretec Group purchased a majority stake in South Korea's KIB Plug Energy, boosting its presence in energy and industrial sectors. The acquisition valued at $18.24 million reflects Coretec's commitment to innovation and growth, with plans for a giga-scale battery manufacturing facility in the US.

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