A.Agrati S.p.A. entered into an agreement to acquire Ideami S.p.A. (BIT:IDM) from DeA Capital S.p.A. (BIT:DEA), Banca IMI S.p.A. and others in a reverse merger transaction on October 28, 2018. The shares will be exchanged at an exchange ratio of 2.53 newly-issued ordinary IDeaMI shares for each ordinary share of Agrati, as a result, Agrati will end up holding approximately 62.7% stake of the combined entity. A equity investments of DeA Capital and Banca IMI in the company's ordinary share capital will be diluted from 8.25% to 3.53% and to 3.87% respectively. Post the transaction, IDeaMI will change its name to Agrati S.p.A, and the combined entity Board of Directors will consist of seven members, of which five are designated by Agrati. The transaction is subject to approval by the shareholders of IDeaMI and Agrati. As on October 28, 2018, the transaction has been approved by the Boards of Directors of IDeaMI and Agrati. The transaction is expected to be completed by March 2019.

Gatti Pavesi Bianchi Studio Legale Associato acted as legal advisor; ERM Italia provided environmental due diligence; PricewaterhouseCoopers Advisory SpA provided financial and tax due diligence; and Banca Akros S.p.A. acted as Banca Akros S.p.A. to Ideami. Bain & Company acted as due diligence provider for Ideami. Varisco & Associati acted as financial advisor for Ideami.

A.Agrati S.p.A. cancelled the acquisition Ideami S.p.A. (BIT:IDM) from DeA Capital S.p.A. (BIT:DEA), Banca IMI S.p.A. and others in a reverse merger transaction on October 28, 2019.