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VivoPower announces binding heads of agreement to merge Tembo into NASDAQ listed CCTS at an indicative US$838m Equity Value [Yahoo! Finance]

VivoPower International PLC - Ordinary Shares  (VVPR) 
US:NASDAQ Investor Relations: vivopower.com/shareholders
PDF Tembo will be the surviving entity and upon closing, will change its name to Tembo Group. CCTS has $25m of cash on its balance sheet, as of its last quarterly filing. [Read more]