GS Yuasa to sell 40 mln shares in public offering

Mon Jul 13, 2009 3:09am EDT
 
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TOKYO, July 13 (Reuters) - Japanese battery maker GS Yuasa Corp (6674.T) said on Monday that it plans to sell 40 million shares in a public offering and up to an additional 6 million shares, depending on demand.

GS Yuasa plans to make lithium-ion batteries for hybrid cars from 2010 with Honda Motor Co (7267.T). (Reporting by Mayumi Negishi)

 

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