Bevita Commercial Corp. agreed to acquire 82.7% stake in TRANSRADIO SenderSysteme Berlin AG (DB:TFU) from Pernix Group Inc for $1.2 million in cash on March 26, 2012. Bevita paid $1.2 million in cash and assumed all the liabilities of TRANSRADIO. If the total purchase price has not been transferred on or before March 31, 2012, Pernix Group may terminate this agreement. The transaction is subject to approval of relevant government authority, approval of Board of Directors of Bevita Commercial and Pernix Group Inc and third party approval. The deal is expected to be closed by March 29. Bevita Commercial Corp. completed the acquisition of 82.7% stake in TRANSRADIO SenderSysteme Berlin AG (DB:TFU) from Pernix Group Inc on March 28, 2012.