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Istanbul-based BinBin, a micro- and shared-mobility provider, announced on Wednesday, August 23, that it has submitted a non-binding offer to acquire bankrupt Amsterdam-based electric bicycle company VanMoof.
The announcement follows the purchase of Utrecht-based Go Sharing in February this year and the successful continuation of operations in more than ten cities in the Netherlands.
BinBin has made a no-obligation offer and is preparing to present its binding offer. Financial details have not been disclosed.
BinBin, a subsidiary of 1000 Yatirimlar Holding AS, aims to close the deal in the coming weeks.