MMS Germany Holdings GmbH and Lapo Elkann agreed to acquire 51% stake in independent ideas GmbH from Italia Independent Group S.p.A. (BIT:IIG) for €3.8 million on March 29, 2018. MMS Germany Holdings GmbH completed the acquisition of 26% stake independent ideas from Italia Independent on April 6, 2018. Remaining 25% stake of independent ideas held by Italia Independent, will be acquired subsequently Lapo Elkann. MMS Germany Holdings GmbH and Lapo Elkann cancelled the acquisition of 51% stake in independent ideas GmbH from Italia Independent Group S.p.A. (BIT:IIG) on March 29, 2019.