Covington Represents Procura in Landmark $2.2B Structured Inventory Purchase Program
December 12, 2023
December 12, 2023
NEW YORK, Dec. 12 -- Covington, a law firm, issued the following news release:
Covington advised Procura Inventory Management in a structured $2.2 billion transaction to facilitate the ongoing purchase and sale of computer chips and other high technology products necessary for the build-out of cloud computing centers. Procura purchased an initial $2.2 billion of inventory from an information technology systems integrator to support the needs of its customers in the build-out of clou . . .
Covington advised Procura Inventory Management in a structured $2.2 billion transaction to facilitate the ongoing purchase and sale of computer chips and other high technology products necessary for the build-out of cloud computing centers. Procura purchased an initial $2.2 billion of inventory from an information technology systems integrator to support the needs of its customers in the build-out of clou . . .