Blink Charging Co (BLNK) acquired Blue Corner N.V. in a cash and stock deal valued at approximately $24 million, or €20 million. Following the announcement, shares of the electric services company rose 3.2% to close at $31.08 on May 11. Belgium-based Blue Corner is an Electric Vehicle (EV) charging operator. It has a portfolio of 7,071 charging ports with a strong charging network in Europe. The deal expands Blink’s EV portfolio in the growing European EV market. Blink made its foray into the European market in Sept 2019 through a joint venture with Eunice Energy Group.
https://www.tipranks.com/news/blink-expands-european-footprint-with-blue-corner-acquisition
Blink Charging (NASDAQ:BLNK)
Historical Stock Chart
From Oct 2021 to Nov 2021 Click Here for more Blink Charging Charts.
Blink Charging (NASDAQ:BLNK)
Historical Stock Chart
From Nov 2020 to Nov 2021 Click Here for more Blink Charging Charts.