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Technology, Media and Telecommunications Headlines

BRIEF-Tecnoinvestimenti announces approval of merger of Ribes into Assicom

• SAID ON TUESDAY THAT THE BOARDS OF ASSICOM SPA AND RIBES SPA HAVE APPROVED THE DRAFT TERMS OF MERGER BY INCORPORATION OF RIBES INTO ASSICOM • AS A RESULT ASSICOM RIBES SPA TO BE FORMED • THE MERGER, PLANNED FOR 2018, HAS BEEN ACCELERATED AFTER COMPANY ACQUIRED THE MINORITY INTERESTS OF THE TWO COMPANIES OPERATING IN STRATEGIC BUSINESS UNIT OF CREDIT INFORMATION AND MANAGEMENT • THE SYNERGIES WILL ENABLE THE COMBINED ENTITY’S EBITDA MARGIN TO INCREASE BY MORE THAN 3 PERCENTAGE POINTS BY THE END

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