PTA-News: iQ International AG: ExWorks Capital provides iQ with an extension to its outstanding debt and the granting of a further bridge loan teletrader.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from teletrader.com Daily Mail and Mail on Sunday newspapers.
TerraScale and iQ International Sign Definitive Share Exchange Agreements to Revolutionize the Green Data Center Market
Combination Creates Unique Innovation Possibilities in Sustainable and Secure Computing Globally
- Combined company to be named TerraScale AG and to be headquartered in Zug, Switzerland.
- Green Cloud services offering to be branded iQ.
- Significant company presence to remain in Germany.
- Company will remain traded publicly at the General Standard of the German stock exchange in Frankfurt.
- The joint company presents a world-first combination of best-in-class green data centers, secure private and public cloud solutions, robust energy storage (Batteries), innovative renewable power management, and leading edge cybersecurity expertise and technologies, all under one unified brand.
Business news for the stock market
iQ International AG: iQ International has signed a Stock Purchase Agreement for the acquisition of Tecnova S.A.
Zug/Switzerland - 29 December 2020 (pta012/29.12.2020/11:20) - iQ International AG (ISIN CH0451424300 / WKN A2PAA5 / Symbol IQL), a multinational sustainable technologies company publicly traded at the General Standard of the Frankfurt Stock Exchange with its global head office in Zug, Switzerland and North American headquarters in Scottsdale, Arizona, announced today that the company has signed a share purchase agreement to acquire Tecnova S.A. The transaction is subject to approval by the relevant authorities.
On December 28, 2020, iQ International and the stockholders of Tecnova S.A. signed a Share Purchase Agreement pursuant to which iQ International will acquire all of the stock of Tecnova S.A. The South American battery manufacturer Tecnova S.A. was founded in 1962 and is headquartered in Guayaquil, Ecuador (www.boschecuador.com)