Brief: VivoPower Announces Strategic Direct Investment in Tembo at US$120m Pre-Money Valuation
28/06/2023 14:24
June 28 (Reuters) - VivoPower International PLC
VVPR.O :
* VIVOPOWER INTERNATIONAL - STRATEGIC DIRECT EQUITY
INVESTMENT
INTO WHOLLY OWNED SUBSIDIARY, TEMBO E-LV B.V. AT PRE-MONEY
VALUATION OF US$120 MILLION
* VIVOPOWER INTERNATIONAL - CO WILL CONTINUE TO RETAIN ITS
MAJORITY STAKE IN TEMBO
Source text for Eikon: ID:nGNX16CX3t
Further company coverage: VVPR.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on VivoPower
See all newsBrief: Vivopower Shortlists Ai Tenants For 41.5Mw Norway Ai Data Center After Receiving Multiple Bids
Brief: Vivopower PLC Prequalifies 30 MW From Mo I Rana Data Center Into Statnett Reserve Markets
Brief: Vivopower Commences Strategic Share Conversion Program
Brief: Vivopower Terminates $180 Million F-3 Registration Statement
Brief: Vivopower International Says CFO David Mansfield Will Be Departing