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France’s Engie to wind down Amsterdam’s EVBox group; this takeover bid is being considered

  • French energy company Engie plans to wind down the entire EVBox group.
  • EVBox, a Dutch electric vehicle charging station business, has posted losses of €800M since the acquisition by Engie.
  • Engie received two takeover bids and decided to proceed with the proposal to take over EVTronic's operations.
  • EVBox's closure will affect employees and branches in the Netherlands, Germany, and the USA, with only around 30 jobs retained.

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