Europa Investimenti Special Situations Srl, managed by Europa Investimenti S.P.A. agreed to acquire 78.9% stake in Mediacontech S.p.A. (BIT:MCH) from Lupo S.p.A. for €6.3 million on October 28, 2016. Europa Investimenti will acquire 14.5 million shares of Mediacontech for €0.43 per share. Europa Investimenti envisages an earn-out which can raise the transaction price to €10.4 million. Europa Investimenti does not aim to delist Mediacontech. Europa Investimenti Special Situations Srl, managed by Europa Investimenti S.P.A. completed the acquisition of 78.9% stake in Mediacontech S.p.A. (BIT:MCH) from Lupo S.p.A. on December 5, 2016.