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Mare Engineering Group Completes Share Acquisition of La SIA

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

Mare Engineering Group S.p.A. has announced the final results of its public purchase and exchange offer concerning the ordinary shares of La SIA S.p.A. The joint procedure resulted in the submission of sale requests for 45,500 additional residual shares, representing 0.80% of La SIA’s share capital. The payment for these shares will be made through a combination of cash and newly issued Mare Group shares. The procedure will culminate in the transfer of ownership of all additional residual shares to Mare Group, with the payment scheduled for September 8, 2025.

More about Mare Engineering Group SpA

Mare Engineering Group S.p.A. is an engineering company listed on Euronext Growth Milan, operating both in Italy and internationally. The company focuses on innovation through enabling technologies.

Average Trading Volume: 41,024

Technical Sentiment Signal: Buy

Current Market Cap: €63.43M

Find detailed analytics on MARE stock on TipRanks’ Stock Analysis page.

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