DigiTouch S.p.A. (BIT:DGT) entered into agreement to acquire Nextmove Group from Conversion Srl and Fabrizio Conti for €0.81 million on May 18, 2020. Under the terms of acquisition, it is to be made in two phases DigiTouch will buy 70% of Nextmove for €0.36 million and remaining 30% to be bought for price between €0.23- €0.45 million. The deal is expected to be completed for 70% by end of June, 2020 and for remaining 30% it is expected to be completed by June 30, 2022. As of June 25, 2020, DigiTouch acquired 70% stake in Nextmove Group from Conversion Srl. Antonio Zambon of SCTS Studio Tributario e Societario acted as legal advisor for DigiTouch. Roberto Nigro and Sara Aratari of MJH Alma acted as legal advisors for Nextmove and Conversion. Emanuele Trucco and Leonardo Pinta of Shearman & Sterling LLP acted as legal advisor for DigiTouch DigiTouch S.p.A. (BIT:DGT) completed the acquisition of Nextmove Group from Conversion Srl and Fabrizio Conti on July 1, 2020. Following the merger of the two companies, the new company called ConversionE3 Srl is 78% owned by DigiTouch SpA.