TAS Tecnologia Avanzata dei Sistemi S.p.A. (BIT:TAS) entered into a binding preliminary agreement to acquire 55% stake in Elidata S.r.l. on July 9, 2021. TAS Tecnologia Avanzata dei Sistemi S.p.A. entered into a definitive agreement to acquire 55% stake in Elidata S.r.l. on August 6, 2021. The transaction to be completed via capital increase in kind reserved to TAS. Elidata closed 2020 with revenues of €4.6 million, EBITDA margin of 38.9% and a negative net financial position of €0.05 million. The transaction is expected to close by September 20, 2021. As of September 21, 2021, the transaction is expected to close by October 15, 2021.