
UK’s VivoPower to combine with Canadian hydrogen technology firm in $1.13 bln deal
Yahoo Finance Power infrastructure developer VivoPower International said on Tuesday it has signed a non-binding agreement to merge with Canada’s Future Automotive Solutions and Technologies (FAST), which would create a $1.13 billion combined company. The agreement values VivoPower’s equity at $556 million and FAST at $578 million, and allows the companies an exclusive period of 90 days to reach a