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German lead battery maker Moll opens talks with investors following insolvency proceedings

Fri, 06/19/2020 - 09:59 -- Paul Crompton

German lead battery manufacturer, Akkumulatorenfabrik Moll has entered exploratory discussions with potential investors after the COVID-19 pandemic caused a fall in sales that led to the 75-year-old firm opening insolvency proceedings.

“Sensitive discussions” with potential investors are taking place with the goal of finding a rapid resolution in the interests of all parties involved, said the company on 18 June.

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