By Rhiannon HoyleAustralian miner Fortescue Metals Group Ltd. said it will buy a U.K. battery and electrification technology company for roughly $223 million. Fortescue, the world's No. 4 producer of steel ingredient iron ore, said it has agreed to buy Williams Advanced Engineering, or WAE, from private equity firm EMK Capital and Williams Grand Prix Engineering Ltd.

Source: Wall Street Journal January 23, 2022 21:37 UTC