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Mare Group Corrects Takeover Bid Details

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Mare Engineering Group SpA ( (IT:MARE) ) has provided an announcement.

Mare Group S.p.A. announced a correction to a previous press release regarding a voluntary takeover bid on Eles Semiconductor Equipment S.p.A. shares and warrants. The correction involves a material error in the cash consideration for the warrant offer, which should be €0.025 per warrant instead of the previously stated €146,922.20. This correction does not affect the English version of the release, which was accurate.

More about Mare Engineering Group SpA

Founded in 2001, Mare Group S.p.A. is an engineering company listed on Euronext Growth Milan. The company focuses on innovation through enabling technologies, operating in Italy and abroad. With a client base of over 2,000, a workforce exceeding 500, and 24 offices across five countries, Mare Group is a significant player in the innovation ecosystem. The company has made substantial investments in R&D and has completed 16 acquisitions since 2019 to enhance its product portfolio and market presence.

Average Trading Volume: 45,862

Technical Sentiment Signal: Strong Buy

Current Market Cap: €75.88M

For detailed information about MARE stock, go to TipRanks’ Stock Analysis page.

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