Inzile completes transaction with eFashion Championship
Inzile AB (publ) has today, October 12, 2021 completed the transaction with eFashion Championship PTE Ltd (“eFC”) that was announced on August 5, 2021, as follows.In accordance with the unanimous approval of an Extraordinary General Meeting of Inzile on September 20, 2021, Inzile has acquired 80% of the shares in QEV Tech Holdings SL, (“QEV Holdings”), which in turn owns 19.64% of the shares in the Spanish electric vehicle-oriented technology company QEV Technologies SL. The purchase price was approximately SEK 494 million and access took place immediately. In connection with the