Damiani family signed an agreement to acquire 5.3% stake in Damiani S.p.A. (BIT:DMN) from Style Capital Sgr S.P.A. for €7.9 million on January 22, 2019. Leading Jewels will acquire the shares of Damiani S.p.A. at €0.855 per share. Post-acquisition, the stake of Leading Jewels will be 88.6%. As of January 31, 2019, Board of Directors unanimously approved the price of the bid. The delisting of Damiani is approaching with the officialization of the IP, for which they will be distributed €0.855 per share. As of March 7, 2019, threshold for delisting has been reached. Banca Akros S.p.A. acted as financial advisor to Leading Jewels.