FAE Technology Finalizes Kayser Italia Acquisition's First Closing

About this update from Fae Technology S.p.a

FAE Technology SpA SB MIL:FAE:FINALIZES FIRST CLOSING FOR KAYSER ITALIA ACQUISITIONFIRST CLOSING COMPLETED WITH 29.9% SHARE TRANSFER FOR €1.12 MILLIONTOTAL AGREED PRICE FOR ACQUISITION IS €3.75 MILLION WITH POTENTIAL EARN-OUT

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