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13 February 2012

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Italy's Aedes chooses Sopaf offer for e171m capital increase, banks extend moratoria

Italian asset manager Sopaf is poised to infuse struggling listed fund manager Aedes with up to e171m, the companies said. Sopaf has made a non-binding offer contingent on renegotiating the servicing terms of Aedes' e807m net debt with roughly 50 banks.

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