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New Deal


Announced

Alberton Acquisition to merge with SolarMax Technology in a $300m deal.

Financials

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Transaction Value£233m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Majority

Friendly

Merger

Renewable Energy Equipment

Pending

renewable energy services

Reverse Takeover

Acquisition

Private

Single Bidder

Cross Border

De-SPAC

Synopsis

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Alberton Acquisition, a British Virgin Islands blank check company, agreed to merge with SolarMax Technology, an integrated solar energy company, in a $300m deal. "We are very pleased to announce the signing of our merger agreement with SolarMax and our entry into the solar and renewable energy sectors, both extremely attractive and rapidly growing market segments, with great potential for many years to come," Guan Wang, Alberton CEO.

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