Deal snapshot: EV Technology Group to Acquire Up to 100% of Fablink Group.

MANews-(C)2009-2022

Canada-based electric vehicle technology development and commercialization company EV Technology Group (NEO: EVTG) (OTCQB: EVTGF) (DE: B96A) has entered into a definitive agreement to acquire British Tier 1 supplier and specialist manufacturer Fablink Group Holdings Ltd, the group said.

The transaction is valued at up to GBP 38.8m (USD 47.18m) with...

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