Ardent Group agreed to acquire 49% stake in Societe Franco-Belge de Casinos from Société Française de Casinos Société Anonyme (ENXTPA:SFCA) on October 29, 2018. In a related transaction, Ardent Group agreed to acquire 1% stake in SCI SFBC from Société Française de Casinos Société Anonyme. The purchase consideration for the transactions is €2.8 million. Completion of the transaction is subject to customary closing conditions, expected to be fulfilled no later than March 31, 2019. Ardent Group cancelled the acquisition of 49% stake in Societe Franco-Belge de Casinos from Société Française de Casinos Société Anonyme (ENXTPA:SFCA) on October 29, 2019.