Core Points - VivoPower International PLC has received a revised non-binding proposal from Energi Holdings Limited for a strategic acquisition of a 51% controlling stake in its subsidiary, Tembo e-LV B.V., with an enterprise valuation of US838 million [1][3] - VivoPower is committed to optimizing its capital structure, with proceeds from strategic transactions prioritized for debt retirement and potential returns to shareholders [4] Company Overview - VivoPower is undergoing a strategic transformation into an XRP-focused digital asset enterprise, aiming to manage and hold XRP digital assets as part of a diversified digital treasury strategy [7] - The company operates globally, with a focus on sustainable energy solutions and has two business units: Tembo and Caret Digital [8] - Tembo specializes in battery-electric and off-road vehicle solutions for various industrial sectors, including mining, agriculture, and defense [9][10]
VivoPower Receives Revised US$200 Million Enterprise Value Non-Binding Proposal from Energi Holdings For 51% Direct Acquisition of Tembo e-LV