Brief: Mare Engineering Board Has Approved Merger Plan For Powerflex Incorporation

Mare Engineering SpA

23/09/2025 06:27

Sept 23 (Reuters) - Mare Engineering Group SpA MARE.MI:

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)

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