DeA Capital-Fimit, al via la sgr da 8 miliardi

First Atlantic Real Estate SGR S.p.A. and its parent company FARE Holding (a company that is 70%-owned by DeA Capital S.p.A.), as one party, and FIMIT - Fondi Immobiliari Italiani SGR S.p.A. and shareholders IFIM, Inpdap, Enpals and Enasarco (jointly the "FIMIT Shareholders"), as the other party, have reached an agreement to merge First Atlantic Real Estate SGR S.p.A. into FIMIT - Fondi Immobiliari Italiani SGR S.p.A. The merger of the two companies would create the largest independent real estate asset management company in Italy, with over EUR 8 billion in assets under management and 19 managed funds (including five listed funds) and commission estimated at around EUR 57 million for 2010 (see last page for details).