31.08.2010 - Fimit-First Atlantic merger to create EUR 8bln asset manager
From Propertyeu.info: Italian real estate fund manager Fondi Immobiliari Italiani (Fimit) has signed a non-binding memorandum of understanding (MoU) about merging with First Atlantic Real Estate, the real estate fund management arm of Milan-listed private equity investment group Dea Capital. The companies undertook a joint study in April on the feasibility of integrating the two businesses. They have completed the due diligence process and inked a preliminary merger agreement in June..............................................Full Article: Source
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