AAW III Sp. z o.o made a tender offer to acquire 43.43% stake in ATM S.A. (WSE:ATM) from Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A., PKO OFE and others for approximately PLN 180 million on August 2, 2017. As reported, AAW offered to acquire 15.8 million ATM shares at a price of PLN 11.5 per share. The offer will be successful if at least 23.43% shares are tendered. AAW may choose to go ahead with the purchase even if this threshold is not met, though. AAW has signed a deal with ATM shareholders and plans to reach, together with those shareholders, a 100% stake in the firm as a result of the tender offer. Subscriptions for the offer will start on August 23, 2017 and end on September 25, 2017. As of August 23, 2017, MCI Capital is accepting subscriptions of shares under the tender offer. Trigon acted as manager to the offer. AAW III Sp. z o.o completed the acquisition of 36.6% stake in ATM S.A. (WSE:ATM) from Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A., PKO OFE and others for approximately PLN 140 million on September 26, 2017.