Notified on 25 October 2005, the present merger consists of the acquisition by the undertaking Fogeca Multiauto SGPS SA of the total registered capital of VDR SGPS SA, which, in turn, owns the whole or the major part of the registered capital of the undertakings Auto Vistula Comércio de Automóveis SA, VR Motor Comércio de Automóveis Lda, Auto Tirol Comércio de Automóveis Lda, and Queve Prosp - Estudos de Mercado Lda.