HRD Italia Srl in a winning bid acquired a 50.5% stake in Gequity S.p.A. (BIT:GEQ) from Sintesi Società di Investimenti e Partecipazioni S.p.A. (BIT:SII) for €0.75 million on May 22, 2017. Under this transaction, Sintesi sold 53.94 million ordinary shares, 45 2016-2021 convertible bonds and 61.92 million warrants of Gequity S.p.A.

HRD Italia Srl in a winning bid completed the acquisition of a 50.5% stake in Gequity S.p.A. (BIT:GEQ) from Sintesi Società di Investimenti e Partecipazioni S.p.A. (BIT:SII) on May 22, 2017.