Friday, November 4, 2011
Azure Dynamics Announces $5M Equity Investment by Johnson Controls
Azure Dynamics, the business that assembles the Ford Transit Connect EV, announced nowadays that it has closed the previously announced equity investment by a strategic investor, which is a wholly-owned Canadian subsidiary of Johnson Controls Inc.Johnson Controls' Canadian subsidiary acquired, on a private placement basis, 30,796,969 frequent shares of Azure, at a price of CDN$ .165 per share, for gross proceeds to Azure of CDN$ five,081,500. As a result of the Equity Investment, Johnson
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment