Palumbo Group S.p.A. and sons of Antonio Palumbo will launch a takeover bid to acquire the remaining 59.48% stake in Brodogradiliste Viktor Lenac d.d. (ZGSE:VLEN) for HRK 92.6 million on June 13, 2018. Palumbo Group holds an 18.24% stake, while the sons of Antonio Palumbo hold 22.28% stake in Brodogradiliste Viktor Lenac. The offer per share is HRK 9.26. As on August 10, 2018, The Croatian Financial Services Supervisory Agency approved the transaction.