Brief: Phoenix Motor Says Pursuant To Asset Purchase Agreements Phoenix Agreed To Purchase Substantially All Of Assets Of Proterra Transit Business Line
Nov 17 (Reuters) - Phoenix Motor Inc PEV.O :
* PHOENIX MOTOR - ON NOV 13, ENTERED INTO TWO ASSET PURCHASE
AGREEMENTS WITH PROTERRA, INC. AND ITS SUBSIDIARY, PROTERRA
OPERATING COMPANY, INC
* PHOENIX MOTOR - PURSUANT TO ASSET PURCHASE AGREEMENTS
PHOENIX
AGREED TO PURCHASE SUBSTANTIALLY ALL OF ASSETS OF PROTERRA
TRANSIT BUSINESS LINE
* PHOENIX MOTOR - PURSUANT TO SEPARATE ASSET PURCHASE
AGREEMENTS,
PHOENIX AGREED TO PURCHASE PROTERRA BATTERY LEASE AGREEMENTS
Further company coverage: PEV.O
((reuters.briefs@thomsonreuters.com;))
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