LONDON: Edison Group has published its first report and valuation on VivoPower International valuing the business at $19 a share. At market close Monday (March 29), VivoPower stock stood at $8.06. At the core of Edison’s valuation is its view of the business’ accelerating growth strategy and ‘transformational’ acquisition of rugged electric vehicle (EV) company…
Tag: VivoPower International
VivoPower International to acquire 51% Shareholding in Tembo
LONDON: VivoPower International has signed a non-binding Letter of Intent (LOI) to acquire a 51% shareholding in Tembo 4×4 e-LV B.V. Tembo is a specialist battery-electric and off-road vehicle company with customers globally in the mining, government services (armored cars, police, ambulances, inspection vehicles), game safari and humanitarian aid sectors. The purchase consideration will be…