In November 2016, Giovanni Castiglioni and the UK-Russian fund COMSAR Invest (part of the Black Ocean Group, managed by the Sardarov family) agreed to conclude an investment agreement. The new debt restructuring plan for MV Agusta Motor S.p.A. was approved by the court in March 2017. At the same time the protective act ""Concordato di continuità"" (English: sequence agreement) was extended. To the mid of 2017 Black Ocean Group acquired 49% of the shares of MV Agusta Holding (parent company of MV Agusta Motor S.p.A.) and Giovanni Castiglioni kept 51%.