MMR Invest SA made a tender offer to acquire the remaining 34.43% stake in Arcus S.A. (WSE:ARC) on September 30, 2019. Pursuant to the terms of the offer MMR Invest SA will acquire 2.5 million Arcus shares. As a result of the acquisition, stake of MMR Invest SA will increase from 65.57% to 100%. If the acquisition is successful, Arcus S.A., will be withdrawn from the stock exchange. If MMR Invest SA reaches 90% threshold of the total number of votes at the general meeting or other threshold specified in relevant regulations, is considering carrying out a squeeze-out of shares. The offer period will start on October 17, 2019 and end on November 15, 2019. In turn, the planned transaction settlement date is November 21, 2019.