Value Fundusz Inwestycyjny Zamkniety Subfundusz 1, managed by AgioFunds Towarzystwo Funduszy Inwestycyjnych S.A. announces a tender offer to acquire an additional 30.68% stake in Mo-Bruk SA (WSE:MBR) on October 17, 2016. Management board of Mo-Bruk SA opined that the offer does not reflect the real value of the company.