Consorzio Di Bonifica Della Media Pianura Bergamasca agreed to acquire 50% stake in Iniziative Bergamasche Srl from Iniziative Bresciane S.p.A. (BIT:IB) for €14.5 million on May 5, 2023. The completion of the sale is subject to the fulfillment of certain conditions precedent, including the obtaining of the Golden Power authorization. The transaction is expected to by June 15, 2023.

As of May 24, 2023, the boards of Iniziative Bresciane and Consorzio approved the merger.