Compagnie Fonciere Du Vin S.P.A. agreed to acquire Compagnia Immobiliare Azionaria S.p.A. (BIT:CIA) on February 23, 2024. As per the terms, On the basis of the exchange ratio identified by the administrative bodies of the companies involved, for each ordinary CIA share, n. 0.0036 ordinary shares of CFV, applying rounding in the event of a non-integer number of shares to be assigned. The merger was approved by the Board of Directors of Compagnie Fonciére Du Vin SpA and Compagnia Immobiliare Azionaria S.p.A., and is subject to shareholders approval.