Steiermärkische Bank und Sparkassen AG offered to acquire the remaining 25.47% in Ohridska banka AD on February 28, 2019. The acquisition will be done through the means of a mandatory tender. Following the completion of this transaction along with the completion of the transaction with Societe Generale, Steiermärkische Bank will own complete 100% in Ohridska Banka. In a related transaction, Steiermärkische Bank signed a share purchase agreement to acquire a 74.53% in Ohridska banka AD from Société Générale Société anonyme (ENXTPA:GLE) on February 28, 2019. Under the terms, the price per share will be the same as offered to Societe Generale for its, i.e. MKD 6,298.79 per share. The launch of the is conditional upon the approval of the European Central Bank as well as the North Macedonian National Bank, capital market authorities and competition authorities and is expected to be launched in the coming months. As of September 23, 2019, the approvals from the European Central Bank, the North Macedonian National Bank and the Capital market and competition authorities were received. After these approvals, as of September 24, 2019, the decision of the Securities and Exchange Commission was received. The completion of the transaction with Societe Generale is, in turn, conditional upon the completion of the tender . On September 24, 2019, the takeover period started and is expected to end on October 21, 2019.