Giuliana Albera Caprotti and Marina Caprotti completed the acquisition of a remaining 30% stake in Esselunga, a retailer which ranks as Italy’s fourth-biggest supermarket chain, from Violetta Caprotti and Giuseppe Caprotti for €1.8bn. On January 11, 2019, the Majority Shareholders announced that they had exercised the right to purchase the Minority Shareholding. Over the past year, the Majority Shareholders and the minority shareholders were involved in arbitration proceedings in order to determine the price of the Minority Shareholding. The Company was informed that on March 20, 2020 the arbitration panel determined - by majority vote - that the overall purchase price of the Minority Shareholding amounted to €1.83bn. The closing of the Acquisition transaction took place on April 23, 2020.