VivoPower to Grant Energi Exclusivity Period Subject to Sweetened Takeover Proposal
1. VivoPower granted Energi an eight-week exclusivity period for due diligence. 2. Energi must raise its takeover proposal to $180 million from $120 million.
Market Watch
145 days
FAQ
Why Bullish?
The increased valuation signal suggests positive market perception for VVPR.
How important is it?
Potential takeover discussions can significantly impact investor sentiment and VVPR's market position.
Why Short Term?
The upcoming due diligence could lead to immediate price movements based on negotiations.