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Stock Market & Financial Investment News

News Breaks
January 31, 2013
17:02 EDTBLDPBallard Power sells U.S. material products division
Ballard Power Systems (BLDP) has announced the closing of an agreement to sell the company's Material Products division, located in Lowell, MA for up to $12M. Of this amount, $10.5M was paid to Ballard in cash on closing, with the remainder payable on the basis of 2013 financial results associated with the Material Products division. Substantially all the assets of the Material Products division were purchased by investment group ALY Holdings in partnership with the division's senior management, through AvCarb, a new company formed as a result of the transaction. BMO Capital Markets acted as exclusive financial advisor to Ballard throughout the divestiture process.
News For BLDP From The Last 14 Days
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July 1, 2015
08:09 EDTBLDPBallard Power 8.125M share Spot Secondary priced at $1.60
Cowen acted as sole book running manager for the offering.
June 30, 2015
17:04 EDTBLDPBallard Power files to sell common stock, no amount given
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June 29, 2015
07:35 EDTBLDPBallard Power announces acquisition of Protonex
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