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MeglioQuesto S.p.A. Launches Newco as Part of Strategic Recovery Plan

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MeglioQuesto S.p.A. Launches Newco as Part of Strategic Recovery Plan

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An announcement from Meglioquesto S.P.A. ( (IT:MQSPA) ) is now available.

MeglioQuesto S.p.A. has established a new company, MeglioQuesto + S.p.A., as a strategic move within its Recovery Plan to ensure business continuity and streamline its corporate structure. This new entity will consolidate all operational activities under the Group’s Negotiated Crisis Composition procedure, aiming to generate industrial and financial synergies. The Recovery Plan includes converting credits into share capital and securing new financing totaling 12.5 million euros to support the company’s relaunch and commitment to sustainable management.

More about Meglioquesto S.P.A.

MeglioQuesto S.p.A. operates in the phygital services sector, offering a multichannel marketplace that integrates physical and digital channels. Since its inception in 2011, the company has been serving millions of consumers and partner companies, primarily in the telecommunications, energy, financial, and insurance sectors. It has been listed on the Euronext Growth Milan market since June 2021.

Technical Sentiment Signal: Sell

Current Market Cap: €11.37M

See more data about MQSPA stock on TipRanks’ Stock Analysis page.

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