Felofin S.p.A. acquired a 2% stake in Bio-on S.p.A. (BIT:ON) from Marco Astorri and Guy Cicognani for €10 million on December 15, 2017. Under the terms of the deal, Felofin acquired 0.4 million shares from Marco Astorri and Guy Cicognani in equal parts at a price of €26.5 per share. Following the acquisition, Marco Astorri and Guy Cicognani will hold 6.6% stake each in Bio-on. EnVent S.p.A. acted as the financial and nominated advisor and Lorenzo Scimia of Banca Finnat Euramerica S.p.A. (BIT:BFE) acted as the financial advisor for Bio-on. Felofin S.p.A. completed the acquisition of a 2% stake in Bio-on S.p.A. (BIT:ON) from Marco Astorri and Guy Cicognani on December 15, 2017.