Bittnet Systems SA (BVB:BNET) signed an agreement to acquire a 60% stake in Global Resolution Experts (GRX) on December 14, 2021. The transaction price will be established after auditing the financial results for 2021 and will be paid in two instalments. The first tranche, RON 5.15 million, will be unblocked and paid to the founding shareholders of GRX after fulfilling some suspensive conditions such as the transformation of GRX into a joint-stock company, the adoption of the new articles of association of the company, the appointment of new directors - estimated December 2021.

Bittnet Systems SA (BVB:BNET) completed the acquisition of a 60% stake in Global Resolution Experts (GRX) on December 31, 2021.