A consortium of UK investors, led by HSBC, has invested US$350m in California company Better Place, boosting the value of the clean-tech company to US$1.25bn. The transaction, subject to approval by antitrust regulators and other customary closing conditions, will likely close in the first quarter of 2010. HSBC led the round Subscribe to Automotive World … Continued
A consortium of UK investors, led by HSBC, has invested US$350m in California company Better Place, boosting the value of the clean-tech company to US$1.25bn. The transaction, subject to approval by antitrust regulators and other customary closing conditions, will likely close in the first quarter of 2010.
HSBC led the round
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https://www.automotiveworld.com/articles/80537-us-better-place-secures-us-350m-from-new-investors/
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