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Friday, 05/10/2024 5:37:49 PM

Friday, May 10, 2024 5:37:49 PM

Post# of 896
Tritium operations "stabilised" as EV players show interest in potential transaction

10 May 2024
https://www.businessnewsaustralia.com/articles/tritium-operations--stabilised--as-ev-players-show-interest-in-potential-transaction.html

Tritium will be an acquisition

"successfully stabilised" and continuing business-as-usual operations.

So far they have received interest from a number of interested entities with established operations in the EV charging and electronic component manufacturing sectors, as well as potential financial sponsors.

"We are very confident the sale process will identify a new owner that can build on this success to date, and capture the opportunity to bring new Tritium products to market and grow the business, under a different capital structure."