Roman Karkosik, Grazyna Karkosik, Boryszew S.A. (WSE:BRS, Impexmetal S.A. (WSE:IPX and Eastside - Bis sp. z o.o. made a tender offer to acquire 14.62% stake in Alchemia S.A. (WSE:ALC) for approximately PLN 140 million on January 10, 2019. As reported, remaining 29.2 million Alchemia shares will be acquired at PLN 4.80 per share.

HSBC Bank Plc provided Impexmetal S.A. with PLN 124 million credit to finance the acquisition of Alchemia shares under the tender offer. Following the acquisition, Roman Karkosik eyes controlling, directly and indirectly, 100% in Alchemia S.A. If the tender offer allows for raising the stake above 90%, Karkosik will seek to squeeze out minority shareholders and delist the firm. Subscriptions will start on January 31, 2019 and end on March 4, 2019.

Santander BM acted as manager to the offer.