CORDIA International Ingatlanfejleszto Zártköruen Muködo Részvénytársaság made a tender offer to acquire remaining 34.34% stake in Polnord S.A. (WSE:PND) for approximately PLN 120 million on February 14, 2020. The price per share offered by CORDIA is PLN 3.55. The subscription period starts on March 5, 2020 and ends on April 3, 2020. Cordia started conducting the due diligence investigation for Polnord on March 3, 2020. CORDIA International Ingatlanfejleszto Zártköruen Muködo Részvénytársaság completed the acquisition of additional 26% stake in Polnord S.A. (WSE:PND) for PLN 90.2 million on April 8, 2020. Cordia acquired 25.4 million shares in the offer and 1.2 million outside the offer.