Northern Genesis Acquisition Corp. (NGA) to Combine with Lion Electric in $1.5Bn Deal

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Northern Genesis Acquisition Corp. (NGA) to Combine with Lion Electric in $1.5Bn Deal

Northern Genesis Acquisition Corp. (NYSE:NGA) announced this morning it has entered a definitive business combination agreement with The Lion Electric Company in a deal giving it an enterprise value of about $1.5 billion. Lion produces all-electric heavy trucks, buses and minibuses for the school, paratransit, and mass transit markets. The combined entity is expected to
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