Dominion Hosting Holding S.p.A. (BIT:DHH) acquired 18.35% stake in Connesi Spa from Fabbrica Multimediale S.R.L., Raffaele Casali, Inarco Ammenti and Manuela Salvi for ?2.8 million on September 28, 2023. The consideration will be paid in cash and which through the credit line serving acquisitions active with Intesa Sanpaolo SpA. Dominion Hosting Holding S.p.A is acquired 10.6% stake from Fabbrica Multimediale S.R.L., 5% stake from Raffaele Casali, 2% stake from Inarco Ammenti and 0.75% stake from Manuela Salvi. Dominion Hosting Holding S.p.A. now holds 87.50% stake in Connesi Spa and Connesi also owns 12.50% of treasury shares. Connesi Spa posted the turnover of ?7 million and EBITDA of ?1.7 million for the year ended 2022.

Dominion Hosting Holding S.p.A. (BIT:DHH) completed the acquisition of 18.35% stake in Connesi Spa from Fabbrica Multimediale S.R.L., Raffaele Casali, Inarco Ammenti and Manuela Salvi on September 28, 2023.