Amazon Deepens Ties with Electrovaya: $280M Battery Deal and Potential 20% Stake
Electrovaya signs commercial agreement with Amazon to supply Infinity batteries for warehouses and material handling.
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Electrovaya signs commercial agreement with Amazon to supply Infinity batteries for warehouses and material handling.
CEO John Brase targets higher brand spending amid weak outlook and big impairment charge.
Strong wealth inflows, higher dividend, and $20B buyback program announced.
The unsolicited bid values the payments giant at a 28% premium.
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