The acquisition was subject to approval by the European Union Competition Authority. After receiving approval the company completed the acquisition of 77% of the Fotovista Group for €261 million (approximately £184 million).
The acquisition was scrutinized by the EU's competition authority before being approved. Following this approval, the company completed its purchase of 77% of the Fotovista Group for €261 million (approximately £184 million), marking an important milestone in the firm's expansion plans.