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Ballard to divest non-core power manager business

Electrans 03092018 4

Ballard will keep some of its fuel cell assets Ballard Power Systems has entered into a definitive agreement to divest certain non-core assets of its subsidiary, Protonex, related to the power manager business, to Revision Military, a private US-based company, for up to US$16 million in cash. Ballard will retain …

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