Post by
Zevo on Jul 05, 2022 7:02pm
What is this worth?
There is strength in numbers.
A&P brings credibility to NBM - especially with the banks.
This move will accelerate their growth.
Lots more we don’t know here. Landscape isn’t the same as few months ago.
Some are crying over 40%.. BUT..
A&P will provide scale and a new network.. think ‘Shark Tank’ effect vs going it alone!
In particular, we strongly believe that NBM Korea will create additional synergies through strategic business relationships with A&P and its related parties, Yongsan and YSP, that hold a proven operating history of over 40 years in the automotive industry."
A&P and its related parties will actively support NBM Korea to pursue debt financing from financial institutions and other forms of strategic synergies through utilizing their extensive business network.
Comment by
Kruithof on Jul 05, 2022 9:55pm
Read the Korean filing, there's a 29 million equity stake for plant build out attached to that 3 million for 40%
Comment by
Kruithof on Jul 05, 2022 10:03pm
https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20220630800222
Comment by
Duparquet on Jul 08, 2022 10:37am
Where did you get the info? Why it's not mentioned In press release ?