Innovative International Corporation (IOAC) to Combine with Zoomcar in $456M Deal

Innovative International (NASDAQ:IOAC) has entered into a definitive agreement to combine with car sharing program Zoomcar at a pro forma enterprise value of $456 million. Bangalore, India-based Zoomcar operates a car sharing service that empowers host entrepreneurs to safely and easily share their cars to earn additional passive income. The combined company is expected to trade on
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