Korea’s Hanwha To Liquidate 50% Of Its Nikola Stake

Back in September of 2019, Bosch and Hanwha announced they were jointly investing in electric vehicle startup Nikola. They pooled around $230-million together, or around $100-million each, but now Hanwha is looking to liquidate some 50 percent of its shares (11.05-million shares, to be precise) which should fetch around $170-million at current prices.
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