Alychlo NV made a mandatory offer to acquire remaining 36.1% stake in SnowWorld N.V. (ENXTAM:SNOW) for €10.7 million on March 13, 2018. Pursuant to the terms of offer, Alychlo will pay €9.5 per share excluding dividend for each remaining outstanding share of SnowWorld. The acceptance period under the offer will start on March 14, 2018 and will close on May 8, 2018.