Francesca Pezzoli

In May 2013, Kepler Capital Markets SA completed the acquisition of Crédit Agricole Cheuvreux SA from Crédit Agricole Corporate & Investment Bank SA, a unit of Crédit Agricole SA. Kepler Capital Markets intends to combine its business with Crédit Agricole Cheuvreux under a new entity, Kepler Cheuvreux, in 2013, and will be headquartered in Paris. They will have offices in Amsterdam, Boston, Frankfurt, Geneva, London, Madrid, Milan, New York, San Francisco, Stockholm, Vienna and Zurich.

ASTM SpA is an industrial holding company which engages in management of motorway networks under concession, in the planning and construction of major infrastructure works and in technology applied to transport mobility. It operates through the following segments: Motorway Sector, Motorway/EPC Sector Planning and Construction Activities, EPC Sector, Technology Sector, and Services Sector. The company was founded on November 28, 1928 and is headquartered in Tortona, Italy.

Società Iniziative Autostradali e Servizi SpA operates as an industrial holding company which, through its investee companies, engages in the sectors of licensed motorway operation and construction. It operates through the following business segments: Motorway Operating Activities, Motorway Planning & Construction Activities, Technology sector, Services sector. The Motorway Operating Activities segment engages in the collection of tolls in Italy as well as the provision of motorway concessions. The Motorway Planning & Construction segment refers to the services rendered by the subsidiaries for the motorway infrastructure. The Technology segment operates in the lease sector of both fiber optics and sites for the positioning of transmission devices for companies operating in the mobile telephony sector, as well as in the sector of outsourcing management and supply of integrated information technology systems for motorway companies. The Services Sector segment performs holding company functions. The company was founded on February 8, 2002 and is headquartered in Turin, Italy.