Mare Engineering Board Has Approved Merger Plan For Powerflex Incorporation
Reuters
Sep 23
Sept 23 (Reuters) - Mare Engineering Group SpA :: *SAID ON MONDAY BOARD HAS APPROVED MERGER PLAN FOR INCORPORATION OF POWERFLEX *DEAL TO NOT INVOLVE NEW SHARES ISSUE, MARE'S DIRECT PARTICIPATION IN POWERFLEX TO BE CANCELLED AS IT HOLDS 100% OF POWEFLEX SHARE CAPITAL *DEAL SUBJECT TO GOLDEN POWER AUTHORIZATION FROM ITALIAN GOVERNMENT * Further company coverage: MARE.MI * (Gdansk Newsroom) * ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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