VIVOPOWER ANNOUNCES BINDING HEADS OF AGREEMENT TO MERGE TEMBO INTO NASDAQ LISTED CCTS AT AN INDICATIVE US$838M EQUITY VALUE Tembo E-LV , a subsidiary of VivoPower International.
Tembo E-LV , a subsidiary of VivoPower International PLC , will merge with CCTS , a NASDAQ-listed company. Tembo will be the surviving entity and upon closing, will change its name to Tembo Group. .
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