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EFG Hermes Says VALU Entered Into An Agreement With Amazon For Provision Of Consumer Financing

Published: 05/12/2022 12:51 GMT Inc. (AMZN) - Efg Hermes Announces Agreements With Amazon.
Valu Consumer Finance Entered Into an Agreement With Amazon for Provision of Consumer Financing by Valu As a Payment Method on Amazon.
Valu Will Make Some of Its Consumer Financing Products Available to Eligible Customers on Amazon.
In Connection With the Entry Into the Commercial Agreement, Efg and Amazon Entered Into an Option Agreement.
Amazon Agreed to Acquire Usd10 Million in Efg Gdrs With Option to Replace That Investment Into Valu at a Future Date, Translating Into a Stake of 4.255% of the Issued Share Capital of Valu.