Victoria Group a.d. made an offer to acquire the remaining 10.91% stake in Sojaprotein a.d. (BELEX:SJPT) for approximately RSD 270 million on August 13, 2019. Victoria Group will acquire 1.5 million shares at RSD 180 per share. Because of the acquisition, Victoria will own complete 100% stake in Sojaprotein post completion. The offer will commence from August 13, 2019 until September 2, 2019. As on September 2, 2019, Victoria Group a.d. completed the acquisition of additional 1.29% stake in Sojaprotein a.d. (BELEX:SJPT) and reached a stake of 90.38%. As on September 30, 2019, the majority shareholders of Sojaprotein approved the squeeze-out of the minority shareholders. The squeeze out will be carried out at RSD 180 per share. Victoria Group a.d. completed the acquisition of the remaining 10.91% stake in Sojaprotein a.d. (BELEX:SJPT) on October 7, 2019. The acquisition was completed as a part of squeeze out, which was launched on October 7, 2019.