EQUITA GROUP S.P.A. Equita Group S.p.A. (BIT:EQUI) signs a preliminary agreement to acquire 30% stake in Sensible Capital S.p.A. on August 3, 2023. EQUITA enter the share capital of Sensible Capital with a 30% initial stake, to be potentially increased in the future to consolidate the financials of the company. EQUITA Group S.p.A. will enter the share capital of Sensible Capital by acquiring part of the existing shares and subscribing a dedicated capital increase.
The total consideration for the transaction will be paid at Closing by EQUITA, with a combination of cash and treasury shares. Starting from the second year following the Closing of the transaction, EQUITA is entitled to exercise a call option on an additional 40% of Sensible Capital, reaching a 70% stake in the Company. The agreement also includes the appointment of Silvia Rovere as senior advisor at EQUITA, with the aim of assessing new initiatives in the real estate sector, in areas like the Alternative Asset Management for instance.
