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Mare Group Initiates Mandatory Purchase Offer for La SIA Shares

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Mare Group Initiates Mandatory Purchase Offer for La SIA Shares

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An update from La Sia S.P.A. ( (IT:LASIA) ) is now available.

Mare Engineering Group S.p.A. has initiated a mandatory public purchase offer for the ordinary shares of La SIA S.p.A., recognizing a combination of newly issued Mare Group shares and cash to those who tendered their shares. The company is also fulfilling a purchase obligation for remaining shares, offering shareholders the same consideration or a full cash option, which could impact the financial dynamics and shareholder structure of La SIA.

More about La Sia S.P.A.

Average Trading Volume: 5,927

Technical Sentiment Signal: Sell

Current Market Cap: €16.21M

For a thorough assessment of LASIA stock, go to TipRanks’ Stock Analysis page.

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