AST Groupe (ENXTPA:ASP) signed a memorandum of understanding to acquire Groupe DPLE on July 10, 2017. The definitive acquisition agreement is expected to be signed in early September 2017. As on September 5, 2017, AST Groupe agreed to acquire 70% stake in DPLE. The remaining 30% will be held by the current management, which will receive a deferred payment depending on the company's performance over the next three years. DPLE booked revenue of €50 million in 2016. Deloitte acted as financial due diligence provider and Lamy Lexel and Colbert Avocats acted as legal advisors to AST Groupe.