Merlin Group S.A. (WSE:MRG) signed a preliminary agreement to acquire PROFIT M SP. Z O.O. SPÓLKA JAWNA for PLN 17.4 million on August 3, 2018. Acquisition will be financed with private share issue. Merlin Group S.A. plans to issue 24000 Series F 12 Bonds at issue price of PLN 1000 each to fund the transaction. Profit M generated PLN 51.5 million revenue in 2017. The transaction is expected to complete on November 5, 2018.