Cristiano Musi and Itaca Equity Holding S.P.A. entered into a non-binding term sheet to acquire an unknown minority stake in Landi Renzo S.p.A. (BIT:LR)

Cristiano Musi and Itaca Equity Holding S.P.A. entered into a non-binding term sheet to acquire an unknown minority stake in Landi Renzo S.p.A. (BIT:LR) on March 15, 2022. Post acquisition, Landi Family will keep a controlling interest in the Landi Renzo.