UNI Unipol Assicurazioni SpA

Italian investment funds Palladio Finanziaria SpA and Sator Capital Ltd said late Thursday they have extended the deadline of their investment offer in Premafin Finanziaria Holding di Partecipazioni SpA (PF.MI), the holding company of Fondiaria-SAi SpA (FSA.MI), or FonSai.

They said the offer will stay in place until three days after FonSai's shareholders' meeting on March 15, called to approve the capital increase.

An offer to invest up to EUR450 million in Premafin through a capital increase was launched jointly by the two funds in late February and was due to expire Thursday.

Palladio and Sator also said that they're close to finishing the guidelines of FonSai's industrial plan.

The two funds have a combined 8% stake in FonSai.

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-By Enza Tedesco, Dow Jones Newswires; enza.tedesco@dowjones.com