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SK Ecoplant divests stake in Ascend Elements for USD 98 million

SK Ecoplant announced that it has sold its entire stake in Ascend Elements, a lithium-ion battery recycling company. The divestiture was used to raise capital as part of a broader reorganization effort by SK Ecoplant’s parent company, SK Group. SK Ecoplant sold 9,223,555 shares, equivalent to 7.7% stake, in Ascend El....

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