Helon srl agreed to acquire an unknown majority stake in Bioera S.p.A. (BIT:BIE) on August 9, 2021. The shareholders of Bioera will hold a minority share in Bioera. Post completion, new unlisted shares will be found in Bioera portfolio. The process of listing the new shares issued is expected to commence at the end of the transaction. The transaction is subject to shareholder approval of Bioera and Helon. The transaction was approved by the board of directors of Bioera. The transaction is expected to close by the end of 2021.