Pacific Current Group Limited (ASX:PAC) entered into an agreement to acquire unknown minority stake in Astarte Capital Partners Llp on December 29, 2020. Pacific Current Group Limited is investing £4.4 million, both to provide operating capital to Astarte Capital Partners Llp and buy-out passive shareholders. Approximately £1.54 million from the consideration may be deferred until July 2021. In exchange for its investment, Pacific Current Group Limited will receive approximately 40% of Astarte’s net income. The transaction is subject to regulatory approval in the United Kingdom, which is expected to be obtained within the next four to six weeks. Pacific Current Group Limited (ASX:PAC) completed the acquisition of unknown minority stake in Astarte Capital Partners Llp on March 22, 2021. The transaction was approved by Financial Conduct Authority.