Telemach Hrvatska d.o.o. made the offer to acquire remaining 45.1% stake of OT-Optima Telekom d.d. (ZGSE:OPTE) for approximately HKR 170 million on February 24, 2022. Telemach Hrvatska d.o.o. made the offer to acquire shares at HRK 5.36 per share. Croatia's financial services regulator Hanfa has granted approval for the transaction. Upon closing of this transaction, Telemach Hrvatska d.o.o. will launch compulsory acquisition if it achieved the minimum of 95% ownership. Divjak, Topic & Bahtijarevic acted as legal advisor of Telemach.

Telemach Hrvatska d.o.o. completed the acquisition of remaining 45.1% stake in OT-Optima Telekom d.d. (ZGSE : OPTE) on April 6, 2022. Pursuant to the transaction, Telemach owned a total 95.07% of the capital of OT-Optima Telekom and proceeded for compulsory acquisition at same offer price HRK 5.36 per share.