Mare Engineering Group SpA MIL:MARE:
DIVESTS STAKE IN ELES FOR €26.3 MILLION
TO JOIN VOLUNTARY TENDER OFFER FOR ELES SHARES PROMOTED BY XENON AIFM
TO TENDER 8,218,624 ELES SHARES, 40.97% OF CAPITAL, 38.70% OF VOTING RIGHTS
Mare Group To Divest Stake In Eles For EUR 26.3 Mln
Mare Engineering Group SpA on 6ix
Earlier from Mare Engineering
- Mare Engineering Group Ups Stake In EasyGo, Reaches 100% Of EMM Systems
- Xenon Reaches 20.7% of Eles At End Of Offer Acceptance Period, Renounces Mininum Threshold Condition
- Mare Engineering Group Files Complaint On Eles Board Decision On Xenon Public Tender Offer
- Mare Engineering Group Secures Hi-Tech Contract Worth EUR 2 Mln
- Mare Engineering Fails To Exceed 90% Share Capital On Eles Bid
Later from Mare Engineering
- Mare Group FY Net Loss EUR 8.7 Mln
- Mare Group To Buy 20% Of Nido, Option To Increase To 51% In 24 Months
- Mare Engineering Group Buy 51% Stake In GMSPAZIO For Around €1.3 Mln
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