VivoPower in Advanced Bilateral Negotiations on All-Cash Takeover Offer at Enterprise Value of US$120 Million
VivoPower International PLC (Nasdaq: VVPR) has announced it is in advanced bilateral negotiations regarding an unsolicited takeover proposal from Energi Holdings , an Abu Dhabi-based energy solutions company. The proposed all-cash offer values VivoPower at an enterprise value of US$120 million and targets all non-affiliated free float shares.
Energi, established in 2014, generates US$1 billion in revenues and maintains offices across the Middle East, Africa, South Asia, Europe, and Southeast Asia. The negotiations between VivoPower's board and Energi are expected to conclude by April 2, 2025, with terms, conditions, and final pricing subject to due diligence.
VivoPower International PLC (Nasdaq: VVPR) ha annunciato di essere in trattative bilaterali avanzate riguardo a una proposta di acquisizione non sollecitata da parte di Energi Holdings, un'azienda di soluzioni energetiche con sede ad Abu Dhabi. L'offerta proposta, interamente in contante, valuta VivoPower a un valore aziendale di 120 milioni di dollari USA e si rivolge a tutte le azioni in flottazione libera non affiliate.
Energi, fondata nel 2014, genera ricavi per 1 miliardo di dollari USA e mantiene uffici in Medio Oriente, Africa, Sud Asia, Europa e Sud-est asiatico. Le trattative tra il consiglio di amministrazione di VivoPower e Energi dovrebbero concludersi entro il 2 aprile 2025, con termini, condizioni e prezzi finali soggetti a due diligence.
VivoPower International PLC (Nasdaq: VVPR) ha anunciado que está en negociaciones bilaterales avanzadas sobre una propuesta de adquisición no solicitada de Energi Holdings, una empresa de soluciones energéticas con sede en Abu Dhabi. La oferta propuesta, completamente en efectivo, valora a VivoPower en un valor empresarial de 120 millones de dólares estadounidenses y se dirige a todas las acciones en flotación libre no afiliadas.
Energi, establecida en 2014, genera ingresos de 1 mil millones de dólares estadounidenses y tiene oficinas en Medio Oriente, África, Asia del Sur, Europa y el sudeste asiático. Se espera que las negociaciones entre la junta de VivoPower y Energi concluyan antes del 2 de abril de 2025, con términos, condiciones y precios finales sujetos a la debida diligencia.
VivoPower International PLC (Nasdaq: VVPR)는 아부다비에 본사를 둔 에너지 솔루션 회사인 Energi Holdings의 비공식 인수 제안에 대한 고급 양자 협상에 들어갔음을 발표했습니다. 제안된 전액 현금 제안은 VivoPower의 기업 가치를 1억 2천만 달러로 평가하며, 비연관 무료 유통 주식 전체를 대상으로 합니다.
2014년에 설립된 Energi는 10억 달러의 수익을 창출하며 중동, 아프리카, 남아시아, 유럽 및 동남아시아에 사무소를 두고 있습니다. VivoPower 이사회와 Energi 간의 협상은 2025년 4월 2일까지 마무리될 것으로 예상되며, 조건, 조항 및 최종 가격은 실사가 필요합니다.
VivoPower International PLC (Nasdaq: VVPR) a annoncé qu'elle est en négociations bilatérales avancées concernant une proposition d'acquisition non sollicitée de Energi Holdings, une entreprise de solutions énergétiques basée à Abou Dhabi. L'offre proposée, entièrement en espèces, valorise VivoPower à une valeur d'entreprise de 120 millions de dollars américains et cible toutes les actions en circulation non affiliées.
Energi, fondée en 2014, génère des revenus d'un milliard de dollars américains et possède des bureaux au Moyen-Orient, en Afrique, en Asie du Sud, en Europe et en Asie du Sud-Est. Les négociations entre le conseil d'administration de VivoPower et Energi devraient se conclure d'ici le 2 avril 2025, les termes, conditions et prix finaux étant soumis à une due diligence.
VivoPower International PLC (Nasdaq: VVPR) hat angekündigt, dass es sich in fortgeschrittenen bilateralen Verhandlungen über ein unaufgefordertes Übernahmeangebot von Energi Holdings, einem in Abu Dhabi ansässigen Unternehmen für Energielösungen, befindet. Das vorgeschlagene Barangebot bewertet VivoPower mit einem Unternehmenswert von 120 Millionen US-Dollar und richtet sich an alle nicht verbundenen frei handelbaren Aktien.
Energi, gegründet im Jahr 2014, erwirtschaftet einen Umsatz von 1 Milliarde US-Dollar und hat Büros im Nahen Osten, Afrika, Südasien, Europa und Südostasien. Die Verhandlungen zwischen dem Vorstand von VivoPower und Energi sollen bis zum 2. April 2025 abgeschlossen sein, wobei die Bedingungen, Konditionen und der endgültige Preis der Due Diligence unterliegen.
- Potential acquisition at US$120 million enterprise value
- All-cash offer structure provides immediate liquidity for shareholders
- Acquirer is an established company with US$1 billion in revenues
- Final price and terms still subject to due diligence and negotiations
- Deal completion uncertainty as offer is non-binding
LONDON, March 26, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR) ("VivoPower" or the "Company") is pleased to update that it is in advanced bilateral negotiations with Energi Holdings Limited (“Energi”) in relation to its unsolicited non-binding takeover proposal. Energi is an Abu Dhabi-headquartered energy solutions company established in 2014 with US
The unsolicited takeover proposal is an all-cash offer for all non-affiliated free float shares of VivoPower at an enterprise value of US
The VivoPower board and Energi have agreed to complete negotiations on price, terms and conditions before April 2, 2025. VivoPower’s board will accordingly provide a further update to the market.
About VivoPower
Established in 2014 and listed on Nasdaq since 2016, VivoPower is an award-winning global sustainable energy solutions B Corporation company focused on electric solutions for off-road and on-road customized and ruggedized fleet applications as well as ancillary financing, charging, battery and microgrids solutions. VivoPower’s core purpose is to provide its customers with turnkey decarbonization solutions that enable them to move toward net-zero carbon status. VivoPower has operations and personnel covering Australia, Canada, the Netherlands, the United Kingdom, the United States, the Philippines, and the United Arab Emirates.
Forward-Looking Statements
This communication includes certain statements that may constitute “forward-looking statements” for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the achievement of performance hurdles, or the benefits of the events or transactions described in this communication and the expected returns therefrom. These statements are based on VivoPower’s management’s current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower’s business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes, and other factors set forth in VivoPower’s filings with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of new information, future events, changes in assumptions or otherwise.
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