Sergio Paolino acquired 89.9% stake in Bioera Re Srl from Bioera S.p.A. (BIT:BIE) for €0.55 million on October 25, 2019. The consideration includes an earn out of to be paid on condition that the dispute still pending with MPS Leasing & Factoring SpA, originated following the demerger of the Bioera RE, is rejected with a final judgment that has become final. Sergio Paolino completed the acquisition of 89.9% stake in Bioera Re Srl from Bioera S.p.A. (BIT:BIE) on October 25, 2019.