VivoPower Trading Volume Drops 66.41% Ranking 393rd as Energi Holdings Boosts Takeover Bid to $180 Million

Generated by AI AgentAinvest Market Brief
Thursday, Mar 27, 2025 7:36 pm ET1min read

On March 27, 2025,

(VVPR) closed at its previous day's price with a trading volume of 2.12 billion, a 66.41% decrease from the previous day, ranking 393rd in the day's stock market trading volume.

Energi Holdings has increased its non-binding all-cash takeover offer for VivoPower from US$120 million to US$180 million in enterprise value. This offer is part of an unsolicited takeover proposal for all non-affiliated free float shares of VivoPower.

VivoPower is currently in advanced bilateral negotiations with Energi Holdings regarding this takeover proposal. The negotiations are focused on completing the deal by April 2, 2025, with the VivoPower board set to provide further updates to the market as negotiations progress.

Energi Holdings, an Abu Dhabi-based energy solutions company established in 2014, has revenues of $1 billion and operates in the Middle East, Africa, South Asia, Europe, and Southeast Asia. The takeover proposal is subject to due diligence and is expected to be finalized by the agreed deadline.

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