Brief: Finnovate Acquisition Corp. Announces Business Combination With Scage International Limited,
21/08/2023 14:18
Aug 21 (Reuters) -
* FINNOVATE ACQUISITION CORP. ANNOUNCES BUSINESS COMBINATION
WITH
SCAGE INTERNATIONAL LIMITED, A ZERO-EMISSION SOLUTION PROVIDER
FOCUSED ON NEW ENERGY HEAVY-DUTY COMMERCIAL VEHICLES AND E-FUEL
SOLUTIONS
* FINNOVATE ACQUISITION CORP-DEAL REPRESENTS
POST-COMBINATION
VALUATION OF $1.0 BILLION FOR SCAGE UPON CLOSING OF BUSINESS
COMBINATION, SUBJECT TO ADJUSTMENT
Source text for Eikon: ID:nGNX86HlBQ
Further company coverage: FNVT.O
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