milan aug 18 reuters  italys prima industrie priimi said on thursday that femto technologies had agreed to buy a majority stake and eventually delist the laser systems producer in a deal worth around 129 million euros 13121 million the transaction is just the latest in a string of deals that has seen several companies deciding to leave milans bourse including luxury shoemaker tods todmi looking for more flexibility to focus on growth without market scrutiny read more femto technologies controlled by alpha private equity and peninsula funds had already submitted nonbinding expressions of interest to buy prima industrie at 25 euros per share last month after buying an initial 501 stake in the company femto is set to launch a mandatory takeover bid on the remaining shareholders at the same price prima industrie which manufactures laser machines for the processing of two and threedimensional components said some of the selling shareholders would reinvest in the company and continue to be minority investors closing of the deal is expected towards the end of the year by around 0910 gmt the stock was up 101 at 245 euros nearing the 25 euros bid price and outperforming a 04 rise in milans allshare index ftitlms