Blt Assets Sp. z.o.o. signed a letter of intent to acquire 51.01% stake in Balticon S.A. (WSE:BLT) from IPON INVEST, Marczynski, Uhlenberg, Kaminski Sp. J. on December 15, 2015.

As per the terms of the deal, IPON INVEST will sell 1.58 million shares of Balticon S.A.