Brief: Fae Technology Approves Capital Increase To Complete Acquisition Of Iptronix

FAE Technology SpA SB

03/12/2024 16:51

Dec 3 (Reuters) - FAE Technology SpA SB  FAET.MI :
    * APPROVES CAPITAL INCREASE TO COMPLETE ACQUISITION OF
IPTRONIX
    * CAPITAL INCREASE WORTH IS EUR 2 MILLION, WITH PRICE PER
SHARE OF
EUR 4.18
    * CAPITAL INCREASE OFFERED FOR SUBSCRIPTION TO DARIO
PENNISI,
FOUNDER AND MAJORITY SHAREHOLDER OF IPTRONIX, AND PAOLA GUZZI, 
SHAREHOLDER OF IPTRONIX

Further company coverage:  FAET.MI 

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