Electronics company Plastic Logic, a Cambridge University spin-out, is set to receive up to $700 million in a deal with Rusnano, Russia’s state-backed nanotechnology corporation.
As reported in the Financial Times, The Wall Street Journal and confirmed on Plastic Logic’s website, Rusano has finalised a deal that will see the Russian government get a stake of about 25% in the UK company. Plastic Logic, a global market leader in plastic electronics, has received an initial investment package of $300m. It…
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