Brief: Lotus Technology To Acquire 51% Equity Interest Of Lotus Advance Technologies
April 16 (Reuters) - Lotus Technology Inc 5EPy.F: LOTUS TECHNOLOGY TO ACQUIRE 51% EQUITY INTEREST OF LOTUS ADVANCE TECHNOLOGIES AND INTEGRATE ALL BUSINESS UNDER LOTUS BRAND LOTUS TECHNOLOGY- WILL ISSUE NEW SHARES VALUED AT $10 PER SHARE IN CONSIDERATION OF GEELY AND ETIKA'S TRANSFER OF LOTUS UK SHARES Source text: ID:nGNX2m1zRg Further company coverage: [5EPy.F] ((Reuters.Briefs@thomsonreuters.com;))
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