The Chinese electric car manufacturer Nio has secured an investment package of almost $1.1 billion. The fresh capital comes from the Abu Dhabi government fund CYVN Holdings. The latter will acquire about 84.7 million newly issued ordinary shares worth $738.5 million. The price per share is therefore $8.72. The deal is expected to close in […] More…
CYVN Holdings invests 1.1 billion dollars in Nio
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