Calb to Tap More Banks for $1.5 Billion Hong Kong IPO, Sources Say


Source: yahoo.com yahoo.com

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(Bloomberg) -- Calb Co., a Chinese battery supplier for electric vehicle makers, has added more banks to arrange its planned Hong Kong initial public offering, which could raise as much as $1.5 billion, according to people familiar with the matter. Most Read from Bloomberg Goldman’s Blankfein Says US at 'Very, Very High Risk' of Recession $11 Trillion and Counting: Global Stock Slump May Not Be Over Meet the Hedge-Fund Manager Who Warned of Terra’s $60 Billion Implosion How Omicron Infection Turbo-Charges Vaccinated People’s Immunity Terra Hasn’t Killed Crypto, But It Was a Narrow Escape The Jiangsu-based battery maker selected Citigroup...