VivoPower Receives Non-Binding All Cash Takeover Offer at Enterprise Value of US$120 Million
1. Energi Holdings proposed a non-binding takeover of VivoPower. 2. The offer is an all-cash bid at $120 million enterprise value. 3. VivoPower's board is evaluating the proposal with advisors. 4. Energi is based in Abu Dhabi and has global operations. 5. VivoPower operates in multiple regions including the US and UK.