Iniziative Bresciane S.p.A. (BIT:IB) acquired 60% stake in Pac Pejo S.R.L. for €6 million on June 23, 2017. Under the terms of the transaction, the consideration will be paid as €3.2 million upon closing and €2.8 million as deferred payment on April 30, 2018. Iniziative Bresciane S.p.A. (BIT:IB) completed the acquisition of 60% stake in Pac Pejo S.R.L. on June 23, 2017.