Circus Casino France signed a memorandum of understanding to acquire 50.05% stake in Société Française de Casinos Société Anonyme (ENXTPA:SFCA) from Frameliris S.N.C. and Foch Investissements SNC for €3.7 million on December 31, 2019. Circus Casino will acquire 37.05% stake from Frameliris and a 13% shareholding from Foch Investissement. In a related deal, Circus Casino France made a tender offer for the remainder of Societe Francaise De Casinos stake under the same price terms. The acquisitions are subject to closing conditions, including regulatory approval.