Smith Electric Vehicles US Makes $105M Offer to Buy SEV Division from Tanfield
Green Car Congress
MARCH 10, 2010
Any sale would be conditional inter-alia upon negotiation of sale and purchase documentation, a financing by SEVUS, all usual shareholder approvals (including the approval of Tanfield shareholders) and due diligence. SEVUS currently produces the Newton battery powered truck in the US. Paying £37m for a business that lost £1.9m
Let's personalize your content