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Provider: Wright Reports
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$391.00
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Provider: Reuters Investment Profile
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$20.00
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Provider: Wright Reports
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$115.00
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Provider: SADIF-Investment Analytics, S.A.
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$35.00
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Mittel SpA Completes Sale of 65% Stake in Real Estate Societa di Gestione del Risparmio SpA to Vantu SpA and Fintrading SpA
Mittel SpA announced that on March 8, 2013 it has completed the sale of 65% stake in the share capital of the subsidiary Mittel Real Estate Societa di Gestione del Risparmio SpA (MiRe SGR) to Vantu SpA and Fintrading SpA for a total of approximately EUR 1.8 million. Vantu SpA has acquired 50% stake in MiRe SGR and Fintrading SpA the remaining 15% stake. Following the sale, Mittel SpA still holds 35% stake in MiRe SGR. Vantu SpA is a company controlled by Dr. Angelo Rovati, Director of Mittel SpA, as well as Chairman of MiRe SGR and of Mittel Management Srl.
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