Mepas d.o.o. Siroki Brijeg launch a buyout bid to acquire remaining 3.83% stake in Brodomerkur d.d. (ZGSE:BDMR) on October 13, 2023. Under the terms of agreement, Mepas will offer to pay a price of ?85 per each Brodomerkur share. Croatian Financial Services Supervisory Agency (Hanfa) has approved the transaction.

In a separate statement on Monday, SKDD said that Mepas as the majority shareholder of Brodomerkur with a 97.69% stake. As of December 12, 2023, The central securities depository and clearing agency said Mepas had applied for the squeeze out and all the minority shareholders of Brodomerkur on record as of December 21 will be paid a compensation of ?85 per share. As of December 19, 2023, the transaction is expected to close on December 22, 2023.