GPI SpA (BIT:GPI) signed an agreement to acquire Intelligence Systems Business Unit from Oslo Srl for €5.6 million on January 16, 2020. As per terms, a new company will be set up from Intelligence Systems Business Unit of Oslo Srl in which GPI SpA will acquire 65% stake for €5.6 million plus earn-out. the consideration shall be paid with resources from bond and in kind. The remaining 35% stake shall be acquired through put & call options. GPI SpA (BIT:GPI) completed the acquisition of Intelligence Systems Business Unit from Oslo Srl on April 10, 2020.