C-Quadrat Luxembourg SA entered into a contract to acquire remaining 49% stake in C-Quadrat Asset Management France from Advenis SA (ENXTPA:ADV) on September 19, 2019. Pre deal, C-Quadrat Luxembourg SA held 51% stake and post completion of the deal, it will hold 100% of C-Quadrat Asset Management France. Deal will be carried out subject to the condition precedent of obtaining the prior authorization required by the Autorité des Marchés Financiers. C-Quadrat Luxembourg SA completed the acquisition of remaining 49% stake in C-Quadrat Asset Management France from Advenis SA (ENXTPA:ADV) on November 14, 2019. The prior authorization of the Autorité des Marchés Financiers, required for the realization of this sale, has been obtained. As a result, on November 14, 2019, the sale transaction was finalized. The acquisition is seen to boost growth at core business of C-QUADRAT Investment AG, parent of C-Quadrat Luxembourg SA.