Reply S.p.A. (BIT:REY) signed an agreement to acquire FINCON Unternehmensberatung GmbH on May 24, 2022. The managing directors of FINCON with the role of "Partner Reply" will focus on further developing and expanding the activities of FINCON within the Reply Group in Germany. The completion of the transaction is subject to fulfilment of certain conditions, such as the clearance by the German Federal Cartel Office. Completion is expected to occur towards the end of June 2022. Clairfield International acted as financial advisor to Reply.