UQM Technologies to be acquired by Danfoss; ~$100M deal
Green Car Congress
JANUARY 22, 2019
has entered into a definitive merger agreement with the Danfoss Power Solutions (US) Company, a wholly-owned subsidiary of Denmark-based Danfoss A/S, under which Danfoss will acquire all outstanding common shares of UQM for $1.71 over UQM’s closing share price on 18 January 2019 and a 71.4% UQM Technologies, Inc.
Let's personalize your content