AQ Group AB (OM:AQ) signed an agreement to acquire 94.63% stake in Carat Electronics AD from Zlaten Lev Holding Plc (BUL:3Z3) for €1.6 million in cash on June 11, 2014. AQ Group AB acquired 595,560 shares for €2.65 per share. Part of the amount of sale will be transferred to a special trust account for a period of up to 18 months.

Carat Electronics reported a turnover of approximately €1.5 million. The takeover will take place on July 1, 2014. Convesrion has been done through www.oanda.com.