SH-listed Nuode to acquire copper foil provider Clear View for $120m

SH-listed Nuode to acquire copper foil provider Clear View for $120m

An Apple MacBook Lithium-Ion-Battery. Photo: Mika Baumeister/Unsplash

SH-listed lithium-ion battery materials and electrolytic copper foil products developer Nuode Investment Co., Ltd said it has entered into an agreement to buy copper foil manufacturer Fujian Clear View Copper Foils Co., Ltd for 848 million yuan ($120 million).