Cubic (London) Limited entered into a conditional share purchase agreement to acquire 25.1% stake in C-QUADRAT Investment AG (XTRA:C8I) from Talanx Asset Management GmbH for €46 million on January 15, 2016. The offer per share is €42. Cubic (London) will acquire 1.1 million shares of C-QUADRAT Investment. In a related transaction, Cubic (London) will make a mandatory takeover offer for the remaining shares of C-QUADRAT Investment. The transaction is subject to the regulatory approvals by competent authorities in Germany, UK and Austria. Financial Conduct Authority approved the transaction on June 10, 2016. On June 22, 2016, Austrian Financial Market Authority approved the transaction. Christian Herbst, Peter Feyl, Maximilian Lang, Sascha Schulz and Alexander Mazevski of Schoenherr acted as legal advisor to Cubic (London). Florian Khol, Hemma Parsché and Christoph Schober of BINDER GRÖSSWANG Rechtsanwälte GmbH acted as legal advisor to Talanx Asset Management GmbH. Cubic (London) Limited completed the acquisition of 25.1% stake in C-QUADRAT Investment AG (XTRA:C8I) from Talanx Asset Management GmbH on June 13, 2016.