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Mutares SE & Co. KGaA

M&A Activity Nov 16, 2020

6316_iss_2020-11-16_48860328-1adf-4d87-902e-709a3ac592c1.html

M&A Activity

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Mutares has signed a Heads of Agreement to sell its 80% stake in Nexive Group

Mutares has signed a Heads of Agreement to sell its 80% stake in Nexive Group

Publication of inside information in accordance with Article 17 MAR of Regulation (EU) No. 596/2014

NOT FOR PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER COUNTRY WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL

Mutares has signed a Heads of Agreement to sell its 80% stake in Nexive Group

Munich/Milan, November 16, 2020 - Mutares SE & Co KGaA (ISIN: DE000A2NB650) signed a Heads of Agreement to sell its 80% stake in Nexive Group S.r.l., the second largest mail and parcel delivery company in Italy, to Poste Italiane S.p.A., based in Milan.

Please see attached PDF to view the full announcement.

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