Brief: DPW Holdings' Digital Power Lending Enters Agreement To Form Joint Venture With QPAGOS

Innovative Payment Solutions

15/06/2018 11:37

June 15 (Reuters) - DPW Holdings Inc  DPW.A :
    * DPW HOLDINGS’ DIGITAL POWER LENDING ENTERS AGREEMENT TO
FORM
JOINT VENTURE WITH QPAGOS
    * DPW HOLDINGS INC -  UNDER AGREEMENT TO FORM PROPOSED JV,
DPL
PLANS TO CONTRIBUTE CASH, PROMISSORY NOTE IN AGGREGATE OF $2.5
MILLION FOR 51% INTEREST
    * DPW HOLDINGS - IN ADDITION, DPL PLANS TO ENTER INTO A $2.5
MILLION CREDIT FACILITY TO ASSIST IN FINANCING OF PURCHASE OF
KIOSKS BY JV

Source text for Eikon:  ID:nGNX44QnNC 
Further company coverage:  DPW.A 

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