(Alliance News) - e-Novia Spa announced Thursday that it has approved the merger by incorporation of subsidiaries Measy Srl, Shiftic Srl and Stem Srl.
The company will not initiate a capital increase, the shares of the subsidiaries will be cancelled without exchange or cash settlement payments, and there will be no impact on the composition of e-Novia's shareholder base.
The stock of e-Novia is unchanged at EUR6.45 per share.
By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter
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