VIVOPOWER ANNOUNCES SALE OF AUSTRALIAN CRITICAL POWER BUSINESS UNIT [Yahoo! Finance]
VivoPower International PLC - Ordinary Shares (VVPR)
US:NASDAQ Investor Relations:
vivopower.com/shareholders
Company Research
Source: Yahoo! Finance
announce that it has entered into a definitive asset sale agreement for the sale of one of its non-core business units, Kenshaw Electrical (“Kenshaw”), to ARA Group Limited (“ARA”), a leading diversified industrial services group based in Australia. This is in line with VivoPower's previously announced strategy to focus on reinvesting in its strong growth businesses including Tembo. Pursuant to the terms of the asset sale agreement, VivoPower will receive approximately A$5.0m in total consideration, subject to final net working capital adjustments. The asset sale agreement is subject to customary conditions and is expected to complete on July 1, 2024. VivoPower was advised on this transaction by STS Capital Partners in Singapore. About VivoPower VivoPower is an award-winning global sustainable energy solutions B Corporation company focused on electric solutions for customised and ruggedised fleet applications, battery and microgrids, solar and critical power technology and s
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News
- VIVOPOWER EXECUTIVE CHAIRMAN AND CEO FILES FORM 4 TO INCREASE SHAREHOLDING TO 13.5%GlobeNewswire
- VIVOPOWER EXECUTIVE CHAIRMAN AND CEO FILES FORM F4 TO INCREASE HIS SHAREHOLDING TO 12.3% [Yahoo! Finance]Yahoo! Finance
- VIVOPOWER ANNOUNCES FURTHER STRATEGIC DIRECT INVESTMENT IN TEMBO FROM EMIRATI INVESTMENT OFFICEGlobeNewswire
- CNN values your feedback [CNN]CNN
- VivoPower declares Capital Management Strategy including Stock Buyback Program of up to US$5 million [Yahoo! Finance]Yahoo! Finance
VVPR
Sec Filings
- 5/8/24 - Form 144
- 5/6/24 - Form 6-K
- 4/29/24 - Form 6-K
- VVPR's page on the SEC website