Apollo Future Mobility to acquire WM Motor for $2bn.

Synopsis

Apollo Future Mobility, a company provides smart mobility solutions, agreed to acquire WM Motor, an electric car brand owned by WM Motor Technology, for $2bn.

Principals

target

Wm Motor

bidder

Apollo Future Mobility

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Market Context

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Seller Team (1)

freeman shen

Founder at WM MOTOR

Manager

target

Deals

£ 2.79 B

Total Value

Bidder Team (1)

richard sung

CEO at APOLLO FUTURE MOBILITY

Manager

bidder

Deal

£ 1.64 B

Total Value

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