WebJan 18, 2024 · Volta Inc. said on Wednesday that a Shell Plc subsidiary would take over the electric vehicle charging network operator in an all-cash deal valued at about $169 million. Shell USA Inc will acquire ... WebJan 18, 2024 · Under the terms of the merger agreement, Shell USA Inc. will acquire all outstanding shares of Class A common stock of Volta at $0.86 per share in cash upon completion of the merger, which ...
Planning 500,000 charging points for EVs by 2025, Shell becomes …
WebJan 18, 2024 · The transaction, worth $169 million, is set to close in the first half of 2024. Volta is the second US EV charging company to come under the Shell brand since … WebMar 29, 2024 · Under the terms of the merger agreement, Volta stockholders will be entitled to receive $0.86 in cash, without interest and net of withholding taxes, for each share of Volta Class A common stock ... seattle craigslist jobs seattle
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WebAug 26, 2024 · Volta stock forecast 2025. EV sales are rising quickly, which bodes well for all of the companies in the EV ecosystem. To support rising EV sales, we’ll need many more charging stations. In 2025 ... WebMar 31, 2024 · HOUSTON, March 31, 2024 /PRNewswire/ -- Shell USA, Inc., a subsidiary of Shell plc, has completed the previously announced acquisition of Volta Inc. (Volta) in an all-cash transaction valued at approximately USD $169 million.With this acquisition, Shell now owns and operates one of the largest public electric vehicle (EV) charging networks in the … WebJan 20, 2024 · Shell announced this morning that it will pay $169 million to buy the company, which went public via SPAC in 2024. Prior to going public, Volta had raised over $275 million in venture funding, per Crunchbase data. The company raised another $300 million in financing tied to its public offering. Search less. puffins brand cereal