Published by maria gbaf
Posted on February 21, 2022
1 min readLast updated: February 8, 2026
Add as preferred source on Google
(Reuters) – British carmaker Lotus is planning a multibillion-pound flotation and the company is speaking to prospective investors, The Times reported, without citing the source of the information.
(Reuters) – British carmaker Lotus is planning a multibillion-pound flotation and the company is speaking to prospective investors, The Times reported, without citing the source of the information.
Lotus is moving to open a production plant in China and is targeting annual sales of 100,000 by the end of the decade, the newspaper said.
(Reporting by Anirudh Saligrama in Bengaluru; editing by Grant McCool)
A flotation is the process of a company offering its shares to the public for the first time, allowing it to raise capital from investors.
Market capitalisation refers to the total market value of a company's outstanding shares, calculated by multiplying the share price by the total number of shares.
An investor is an individual or institution that allocates capital with the expectation of generating a financial return.
An annual sales target is a specific revenue goal set by a company for a fiscal year, guiding its sales strategies and performance expectations.
A production plant is a facility where goods are manufactured or assembled, often equipped with machinery and labor to facilitate production.
Explore more articles in the Top Stories category
