Rolls Royce, the power systems manufacturer, has announced a tie-up with Korean outfit LG over its fuel cell business.
LG has spent $45m buying a 51% stake in Rolls Royce's subsidiary, Fuel Cell Systems, which is based in North Canton, Ohio.
The business has now been renamed LG Fuel Cell Systems but will continue to research, develop, test and commercialise solid oxide fuel cell technology.
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What Disney tells us about how we draw investment conclusions -
High pension fees could take £70k from your retirement pot – time to check what you’re payingEight out of 10 savers have no idea what fees they are paying to their pension provider to manage their retirement fund, and these charges can vary wildly.
