Brief: Mare Raises Bid For Eles Semiconductor To EUR 2.61/Share

Mare Engineering SpA

24/10/2025 06:15

Oct 24 (Reuters) - Mare Group SpA MARE.MI:

RAISES BID FOR ELES SEMICONDUCTOR TO EUR 2.61/SHARE

INCREASES ELES OFFER PRICE BY 16% TO EUR 2.61 FROM EUR 2.25

BOOSTS ELES TAKEOVER BID AFTER RIVAL XENON OFFER AT EUR 2.60

ALSO RAISES WARRANT OFFER TO EUR 0.205 FROM EUR 0.025

NEW BID CONFIRMS IT AS LONG-TERM INDUSTRIAL INVESTOR IN ELES

WILL COMPENSATE PREVIOUS TENDER PARTICIPANTS WITH PRICE DIFFERENCE

 Further company coverage: MARE.MI

 (Gdansk Newsroom)

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