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Mare Engineering Group SpA ( (IT:MARE) ) has provided an announcement.
Mare Group S.p.A. has confirmed its assessment of Eles Semiconductor Equipment S.p.A. following Eles’ recent clarifications. The company highlights that the valuation of Eles is impacted by the potential dilution from warrants and questions the reliability of Eles’ historical performance against its forecasts. Mare Group maintains its offer price for Eles, emphasizing a long-term industrial vision and stable governance for Eles’ future growth.
More about Mare Engineering Group SpA
Mare Group S.p.A. is an engineering company listed on Euronext Growth Milan, specializing in innovation through enabling technologies. Founded in 2001, it operates in Italy and internationally, with a focus on proprietary technology platforms. The company has over 2,000 customers, a team of more than 500 people, and 24 operational and commercial offices across 5 countries. Mare Group is notable for its significant investments in R&D and its strategic acquisitions, which have enhanced its product portfolio and market presence.
Average Trading Volume: 50,176
Technical Sentiment Signal: Strong Buy
Current Market Cap: €72.42M
Find detailed analytics on MARE stock on TipRanks’ Stock Analysis page.