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 If the acquisition is successful, Arcus S.A., will be withdrawn from the stock exchange.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. MMR Invest SA completed the acquisition of an additional 3.76% stake in Arcus S.A. (WSE:ARC) on November 15, 2019. As a result of the transaction, MMR Invest SA acquired a total of 0.275 million shares, raising its stake in Arcus to 69.33%.