Quentrol Ltd. agreed to acquire remaining 60.05% stake in Advisory Services Consulting from Development Group AD and Ekip-98 Holding AD (BUL:5EK) on September 4, 2019. Quentrol will acquire 39.95% stake from Development Group and 20.1% stake from Ekip-98 Holding. The transaction is subject to approval from Bulgaria's Commission for Protection of Competition. As of October 2, 2019, Bulgaria's Commission for Protection of Competition announced that anti-trust clearance for the transaction is not needed as the combined turnover of the two companies in Bulgaria in 2018 is under BGN 25 million.