Compagnie du Mont-Cervin SA signed a protocol to acquire 27.7% stake in FirstCaution SA (ENXTPA:MLFIR) from Gilles Brenier for CHF 7.9 million on October 4, 2017. Under the transaction, Compagnie du Mont-Cervin acquired approximately 1.05 million shares, representing 27.73% stake in FirstCaution for CHF 7.54 per share. The transaction was approved by the Swiss Financial Market Supervisory Authority (FINMA).