Swatch CEO Considers IPO For Battery Division Belenos Clean Power
According to Automotive News, Swatch Group AG CEO Nick Hayek is considering IPO of 20% of Swatch’s Belenos Clean Power division to commercialize a new type of batteries. The Belenos Clean Power division was established in 2008 and is engaged in several areas, including fuel cells, batteries and more. Belenos’ claims… …read more