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MaireTecnimont SpA ( (IT:MAIRE) ) has provided an announcement.
MAIRE announced that Azzurra Capital has acquired an 8% stake in its subsidiary NEXTCHEM for €110 million, valuing NEXTCHEM at €1.4 billion. This strategic investment is expected to enhance NEXTCHEM’s growth and market positioning in the sustainable technology sector, with Azzurra Capital’s experience as a long-term investor contributing to value creation for stakeholders.
More about MaireTecnimont SpA
MAIRE S.p.A. is a leading engineering group focused on developing and implementing innovative technologies to support the energy transition. The company offers integrated engineering and construction solutions and sustainable technology solutions through its business lines: Sustainable Fertilizers, Low-Carbon Energy Vectors, and Circular Solutions. MAIRE operates in 45 countries with a workforce of over 9,300 employees and is listed on the Milan Stock Exchange.
YTD Price Performance: 13.86%
Average Trading Volume: 2,409
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €3.06B
For detailed information about MAIRE stock, go to TipRanks’ Stock Analysis page.
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