Energi
Convenience Stores, Gas Stations & Liquor Stores · United Arab Emirates · 201-500 Employees
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Overview
Headquarters
3a Ag Tower Jlt Sheikh Zayed Rd, Dubai, ...Phone Number
+971 48837881Website
www.energi.aeRevenue
$19.3 MillionIndustry
About Energi
Energi Org Chart
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Energi News & Media
VivoPower Gets $180M Takeover Bid Plus Two Major Strategic Spin-offs | VVPR Stock News
Abu Dhabi's Energi seeks 80% stake while VivoPower plans $838M EV tech spinoff and new crypto mining venture. Strategic transformation details inside.VivoPower Agrees to Grant Exclusivity to Energi Subject to Increase in Non-Binding All-Cash Takeover Offer to Enterprise Value of US$180 Million
LONDON, March 27, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR) ("VivoPower" or the "Company") has agreed to grant Energi Holdings Limited (“Energi”) an exclusivity period of 8 weeks to conduct due diligence subject to Energi increasing its non-binding all-cash takeover proposal to acquire the non-affiliated shareholders of VivoPower at an enterprise valuation of US$180 million. This represents an increase from US$120 million.VivoPower in Advanced Bilateral Negotiations on All-Cash Takeover Offer at Enterprise Value of US$120 Million
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$1 billion of revenues and offices in the Middle East, Africa, South Asia, Europe, and Southeast Asia (www.energi.ae).VivoPower Receives Non-Binding All Cash Takeover Offer at Enterprise Value of US$120 Million
Unsolicited takeover proposal is not hostile and from an Emirates headquartered energy solutions group
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Frequently Asked Questions Regarding Energi
Energi is a global midstream and downstream energy company that specializes in trading, storage, logistics, and engineering of petroleum products, renewables, and chemicals. With a focus on sustainable and independent liquid storage terminals, Energi provides safe and reliable solutions for its clients across MENA, Far East, and East Africa. The co... Read More