MDI S.A. agreed to acquire Skystone Capital S.A. (WSE:MDI) in a reverse merger transaction on August 21, 2015. Under the terms of the deal, the private issue of 37.44 million series D shares will be subscribed for as swap for 12 million shares of MDI SA. Series D shares will be acquired by current shareholders of MDI SA.

The shareholders of Skystone Capital approved the acquisition and resolved to change name to MDI Energia SA. As of December 7, 2015, Skystone Capital SA registered change of name to MDI Energia.