Landi Renzo plans Metatron merger to streamline group structure

METATRON INC

METATRON INC

MRNJ

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  • Landi Renzo launched a corporate reorganization featuring a merger-by-incorporation of Metatron into the parent.
  • It also plans a partial demerger, carving out its Green Transportation business into a newly formed wholly owned limited-liability subsidiary.
  • The board is set to decide on both transactions via notarial deed, using a simplified procedure under Italian corporate law.
  • Shareholders holding at least 5% can demand a shareholder meeting vote if they file a request within eight days of the filing.


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