Azerion Holding B.V agreed to acquire 45% stake in Hi-Media Deutschland AG from AdUX SA (ENXTPA:ADUX) for €1.8 million on October 10, 2019. Price will be settled by offsetting the full ADUX's debt against its former subsidiary which will reduce ADUX Group's balance sheet for this amount. The deal will be submitted to the vote of the shareholders during the annual meeting of approval of the accounts.