ELECTRECK:”MOKE INTERNATIONAL AND ITS FUN OPEN-TIP ELECTRIC MINI-CARS EXPANDING GROUND IN NEW $55M DEAL”
In a deal purported to be worth US $55.1 million, EV Technology Group has agreed to purchase an additional 50% of MOKE International, which will boost its stake to 67.6% of the company.
EV TECHNOLOGY GROUP SIGNS DEFINITIVE AGREEMENT TO ACQUIRE UP TO 100% OF MOKE INTERNATIONAL TO RAPIDLY EXPAND THE ICONIC BRITISH BRAND
Transaction Highlights: EV Technology Group has agreed to acquire a further 50% of MOKE International The transaction is valued at US$55.1 million EV Technology Group’s resultant shareholding of MOKE International will be ~67.6% following the Acquisition and will maintain an option to acquire the remaining shares of MOKE International, up to 100 The MOKE brand […]