VivoPower Surges to 120th in Trading Volume with 2466% Spike Amid Takeover Talks

Generated by AI AgentAinvest Market Brief
Wednesday, Mar 26, 2025 7:34 pm ET1min read

On March 26, 2025,

(VVPR) experienced a significant surge, with a trading volume of $62.5 million, marking a 2466.04% increase from the previous day. This surge placed VivoPower at the 120th position in terms of trading volume for the day. The stock price of VivoPower rose by 84.96%.

VivoPower International PLC (VVPR) saw a substantial increase in its stock price following the announcement of advanced bilateral negotiations with Energi Holdings Ltd. regarding an unsolicited non-binding takeover proposal. Energi, an Abu Dhabi-based energy solutions company established in 2014, has revenues of $1 billion and operates in multiple regions including the Middle East, Africa, South Asia, Europe, and Southeast Asia.

The takeover proposal involves an all-cash offer for all non-affiliated free float shares of VivoPower at an enterprise value of $120 million. This offer is contingent upon the completion of due diligence. The VivoPower board and Energi have agreed to finalize negotiations on price, terms, and conditions by April 2, 2025. VivoPower's board will provide further updates to the market as negotiations progress.

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