VivoPower International PLC

NASDAQ:VVPR   12:50:44 PM EDT
1.16
-0.05 (-4.13%)
Debt Financing / Related, Divestitures / Spin-offs, Restructuring / Reorganization

Vivopower International PLC Says Fast-Growing J.A. Martin Solar Business Unit To Be Retained, Integrated With Aevitas Kenshaw

Published: 06/29/2022 13:06 GMT
VivoPower International PLC (VVPR) - Vivopower International Plc Announces Strategic Reorganization and Divestiture of Non-core Business Units.
Vivopower International Plc - Fast-growing Ja Martin Solar Business Unit to Be Retained and Integrated With Aevitas Kenshaw.
Vivopower International - Caret Solar Also Expected to Be Divested Via a Trade Sale, Spin Off Or Carve Out As Part of Strategic Reorganization Plan.
Vivopower International - Caret Solar Also Expected to Be Divested Via a Trade Sale, Spin Off Or Carve Out As Part of Strategic Reorganization Plan.
Vivopower International Plc - Divestiture of Two Non-core, Legacy Business Units, Ja Martin Electrical Contracting Business and Ndt Business.
Vivopower International Plc - Proceeds to Be Primarily Reinvested in High-growth Electric Vehicle and Sustainable Energy Solutions Businesses.
Vivopower International - Will Receive Upfront Consideration, Earnout Based on FY2023 EBITDA Results for Businesses Which Could Total Up to A$10m.