Konzum Befektetesi es Vagyonkezelo Nyrt. (DB:KNZ3) agreed to acquire remaining stake in BLT Group Zrt. on March 7, 2018. The deal will be financed through issue of shares through a private placement. In a related transaction, Konzum Befektetesi es Vagyonkezelo Nyrt. will acquire Hotel Bál Resort. Post acquisition, Hotel Bál Resort and BLT Group will be put under joint management. Konzum Befektetesi es Vagyonkezelo Nyrt. (DB:KNZ3) cancelled the acquisition of the remaining stake in BLT Group Zrt. on March 7, 2019.