Cubic (London) Limited made an offer to acquire remaining 1.53% stake in C-QUADRAT Investment AG (WBAG:C8I) for €4 million on July 16, 2018. As part of the deal, Cubic (London) Limited as main shareholder of C-QUADRAT and the management board of C-QUADRAT today have jointly set the adequate cash compensation to be paid to C-QUADRAT’s minority shareholders in the course of the initiated squeeze-out proceedings to €60 per share. The extraordinary shareholders' meeting of C-QUADRAT, which will resolve on the transfer of shares of the minority shareholders to the main shareholder against payment of an adequate cash compensation, will be held on August 17, 2018.