PITECO S.p.A. (BIT:PITE) acquired an additional 10% stake in RAD Informatica S.r.l. for €5.2 million on February 24, 2021. PITECO S.p.A. paid €2.5 million at the closing and the remaining part of the price will be paid on June 30, 2021. The consideration is subject to a contractually defined price adjustment mechanism. As a result of the transaction, PITECO S.p.A. stake in RAD Informatica S.r.l. is increased from 70% to 80%. PITECO S.p.A. (BIT:PITE) completed the acquisition of an additional 10% stake in RAD Informatica S.r.l. on February 24, 2021.