Sports

CAE Mars is changing – ongoing procedures for selling it to an investment organization from the US

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Ready to change the owner is CAE Aris.



It informs themselves with a relevant announcement that The procedures required for the purchase of its shares by an investment organization based in the United States of America have begun.

In it the yellow reports that it has Signing an exclusive and confidentiality contract, and how the procedures required have begun, such as Financial control of the OEM by chartered accountants.

According to information not mentioned in the announcement, the case is quite advanced.

There are continuous discussions of both sides, With the investment group committed to covering the debts that exist at around 2.5 million euros.

At the same time in the plan that its representatives have presented to the OEM officials there is and there is and A commitment to its racing reinforcement and change the goals of the team.

In detail, the CAE Aris says …



“ARIS MIDA and AS ARIS, as the only shareholder of the OEM through the Messiades, informs that an international investment organization that focuses on the sports sector has expressed serious interest in acquiring a majority stake in the company.

At this stage, an exclusivity and confidentiality contract has been signed and the CAE control process has been initiated by chartered accountants.

We would warmly ask our team fans, the media and other stakeholders, to respect the process and discretion required at this stage.

ARIS MIDA and AS OEM ARIS are committed to communicating any development as soon as possible. ”

Source: Sport Fm

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