Ideanomics Plans To Boost Stake In Energica Motor

energica, ideanomics, motor, stake, electric,
Middle East

Ideanomics Plans To Boost Stake In Energica Motor

Oops!Something went wrong.Please try again later.AkankshaSeptember 15, 2021, 4:54 AM·1 min readIn this article: Oops!Something went wrong.Please try again later.

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.

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