M&A Activity • Nov 16, 2020
M&A Activity
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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NOT FOR PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER COUNTRY WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL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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