Berling Promotions, PW Arkton and Dao Sp. Z O.O signed an agreement to acquire 23.73% stake in Berling S.A. (WSE:BRG) for PLN 16.2 million on October 5, 2018. Under the terms, buyer will acquire 6.8 million shares for PLN 3.7 per share. As of November 22, 2018, buyer increased price per share from PLN 3.7 to PLN 3.9. Berling intends to buy 14.91% in the tender offer of their own shares, DAO intends to buy 3.73% stake, a subsidiary of PW Arkton 18.01% and Berling Promotions 1.99% of shares. As a result of the tender offer, the tenderes want to achieve a total of 100% of Berling's shares. Settlement of transaction will take place on December 4, 2018. PW Arkton completed the acquisition of 1.1% stake in Berling S.A. (WSE:BRG) for PLN 0.73 million on November 26, 2018. PW Arkton acquired 0.19 million shares in the offer.