cunova, a Leading Global Manufacturer of High-end Specialty Copper Alloy Products, and SDCL EDGE Acquisition Corporation Announce Their Business Combination
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Tuesday, February 20, 2024
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cunova’s acquisition of the whole aerospace specialty metals business of KME Group (“KME Aerospace”) would enable the combined company to also serve the space exploration and general aerospace markets.
Key Points:
- cunova’s acquisition of the whole aerospace specialty metals business of KME Group (“KME Aerospace”) would enable the combined company to also serve the space exploration and general aerospace markets.
- Under the terms of the proposed business combination agreement, cunova will be indirectly acquired by a publicly-listed, successor entity of SDCL EDGE Acquisition Corporation.
- The board of SEDA and the shareholders of cunova have approved the proposed business combination subject to customary closing conditions.
- Assuming satisfaction of all closing conditions, the proposed business combination is expected to close in the second quarter of 2024.