Recharge looks to rehire former Britishvolt execs as rescue deal falters
Recharge has been holding talks with two former top executives amid concerns its attempt to rescue Britishvolt is faltering.
Source: cityam.com
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Recharge has been holding talks with two former top executives amid concerns its attempt to rescue Britishvolt is faltering.
Recharge will still need to invest the same again to complete the deal, and plenty more to realise the site's ultimate valuation, while many creditors are looking at under 1p in the pound.
The Geelong-based battery start-up Recharge Industries is one step closer to taking over collapsed UK battery maker Britishvolt.
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