Brief: Soltec Receives Binding Offer From DVC Partners To Invest 30 Mln Euros
20/05/2025 15:36
May 20 (Reuters) - Soltec Power Holdings SA SOLPW.MC: RECEIVES BINDING OFFER FROM DVC PARTNERS DVC PARTNERS WILLING TO MAKE 30 MILLION EURO INVESTMENT IN COMPANY THROUGH CAPITAL INCREASE, GRANTING DVC PARTNERS 80% SHAREHOLDING IN SOLTEC INVESTOR TO SUPPORT COMPANY IN SECURING FURTHER 15 MILLION EUROS IN DEBT FINANCING NEW FUNDS TO BE USED TO FINANCE RESTRUCTURING COSTS OF INDUSTRIAL DIVISION AND SUPPORT DEVELOPMENT NEEDS IN ENERGY DIVISION BOARD AGREES TO INITIATE WORKFORCE RESTRUCTURING PROCESS, IN SPAIN TO TAKE FORM OF COLLECTIVE DISMISSAL PROCEDURE Source text: ID:nCNM2nKXwR Further company coverage: SOLPW.MC (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com;))