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Atlas Holdings.

Private investment affiliate buys troubled lead-acid battery firm Exide Technologies in bankruptcy auction

Fri, 07/24/2020 - 11:59 -- Paul Crompton

An auction for lead-acid battery firm Exide Technologies’ Americas business closed last week with a winning proposal from an affiliate of US private investment firm Atlas Holdings.  

Under the terms of the proposed agreement the affiliate of Atlas will acquire all of Exide's ongoing Americas business and operations for around $179 million and assume certain liabilities related to the acquired assets.

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