The Antitrust has decided that Premafin will be able to proceed with the capital increase, with the stipulation of the restructuring agreements with the creditor banks in implementation of the Recovery Plan and the parties will be able to continue the exchange negotiation, while The underwriting phases of the UGF and Premafin capital increases, the approval of the merger plan and all activities concerning the sharing of the joint industrial plan of the merger are suspended.
"The Authority judged the methods of implementation of the resolution presented by the parties to be consistent with the suspension resolution, passed on 26 April last - reads the Authority's press release -: in fact, all acts that would have irreversible and a commitment was presented to adopt a procedure which envisages a reinforced system of segregation of information. To this end, within five days, the parties must indicate the specific methods they intend to observe to ensure that no exchange of information of a strategic-industrial nature takes place".
Consistent with the Authority's resolution, “also the preparation of the draft information prospectuses for the purposes of the UGF and Fonsai capital increases. The assessment of the Antitrust on the merits of the operation remains unaffected, which is also subject to the specification of the UGF industrial plan, in the light of the commitments announced by the Parties and by Mediobanca”.
