Ideanomics Plans To Boost Stake In Energica Motor
- Date: 16-Sep-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Ideanomics Plans To Boost Stake In Energica Motor
Ideanomics Inc (NASDAQ: IDEX) plans to launch a voluntary conditional tender offer for Energica Motor Company S.p.A. shares to increase its investment to ~70%. Deal terms were not disclosed.
Ideanomics continues to expand its global footprint in the electric vehicle industry with its investments in the Italian electric motorcycle maker Energica.