BPX S.A. (WSE:BPX) agreed to acquire Business Partners eXcellence Sp. z o.o. from BPX Inc. Sp. z o.o. for PLN 56.5 million on March 30, 2015.

As a part of agreement, Business Partners eXcellence will transfer all of its assets to BPX and BPX will retain its name. Partners in the will Business Partners eXcellence join the list of BPX shareholders, with Business Partners eXcellence shareholders getting 45,885 of BPX merger shares for each unit they own. BPX will issue 18.354 million shares.

As a result of transaction, BPX Inc. Sp. z o.o. will hold 90.12% stake in BPX S.A.