A123 CEO: Sale To Chinese Company Brings Potential For “Good Growth”

December 10, 2012 7:21 PM
A123 CEO: Sale To Chinese Company Brings Potential For “Good Growth”
" BOSTON (CBS) – The auction bridge of A123 Systems of Waltham drew interested purchasers from concluded the world.

Wanxiang, a helper of a island motor vehicle component maker, will buy in all but all of the pluses of A123 for more $256 million.

WBZ Newtime unitsRadio 1030′time units Anthony Silva reporttime units

Download: pod-time unitsilva-chinetime unitse-company-to-buy-a123.mp3

A123 CEO David Vieau tellls me the trade renders A123 with stability, after a womb-to-tomb period of time of uncertainty.He expresses Wanxiang has not merely perpetrated to finance this transaction, but it will proceed financeing the institution travelling, to support create a activity base "

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