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Published 1 year ago

Shell unit to acquire EV charging firm Volta for about $169 mln

Summary by Ground News
Shell USA Inc. will acquire all outstanding shares of Class A common stock of Volta at $0.86 per share in cash. Volta shares, which have been trading under $1 since November, rose 0.73% following the announcement. The deal is the latest example of energy companies snapping up or investing in EV charging infrastructure.

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