Total to acquire battery-maker Saft in US$1.1-billion deal

France-based energy major Total has filed a friendly tender offer on all of the issued and outstanding shares in the capital of advanced battery maker Saft with the French Financial Markets Authority (Autorité des Marchés Financiers, AMF). billion). The offer price represents a 38.3% above the volume weighted average share price over the past year.Brought to you by: Electric Vehicles

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