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ELES Eles Semiconductor Equipment SpA News Story

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Brief: Mare Engineering Raises Offer Price For Eles To EUR 2.65/Share

Dec 11 (Reuters) - Mare Engineering Group SpA MARE.MI:

SAID ON WEDNESDAY IT HAS RAISED THE OFFER PRICE FOR ELES TO EUR 2.65 PER SHARE FROM EUR 2.61

INCREASED BID BRINGS ITS OFFER IN LINE WITH RIVAL XENON'S EUR 2.65 PER SHARE PROPOSAL

NEW MAXIMUM VALUE OF OFFER IS ABOUT EUR 37.4 MLN

 Further company coverage: MARE.MI

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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