July 15 (Reuters) - Challenger Ltd CGF.AX :
* Fidante Partners acquires investments group Dexion Capital
* Says "acquisition substantially expands Fidante Partners' presence in Europe"
* Says Challenger will make an agreed fixed payment of A$41 million to Dexion's shareholders
* Says acquisition is immediately earnings accretive and is expected to meet Challenger's 18% pre-tax return on equity target
* Says completion is expected to occur in July 2015
* Source text for Eikon ID:nASX79SvvD