Brief: VivoPower Announces Further Strategic Direct Investment In Tembo From Emirati Investment Office
08/04/2024 14:13
April 8 (Reuters) - VivoPower International PLC
VVPR.O :
* VIVOPOWER ANNOUNCES FURTHER STRATEGIC DIRECT INVESTMENT IN
TEMBO
FROM EMIRATI INVESTMENT OFFICE
* VIVOPOWER INTERNATIONAL-MET ALL MILESTONES TO OBTAIN FINAL
FOLLOW-ON STRATEGIC DIRECT EQUITY INVESTMENT INTO TEMBO, AT
PRE-MONEY VALUATION OF $120 MILLION
* VIVOPOWER INTERNATIONAL PLC: CO WILL CONTINUE TO RETAIN
ITS
MAJORITY STAKE IN TEMBO
Source text for Eikon: ID:nGNX98pvSW
Further company coverage: VVPR.O
((Reuters.Briefs@thomsonreuters.com;))
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