LLC Detsky Mir will made an offer to acquire an unknown minority stake in Public Joint Stock Company Detsky Mir (MISX:DSKY) on November 7, 2022. As of May 30, 2023, LLC Detsky Mir have offer to acquire shares at RUB 71.5 per share. Under the terms of transaction, The tender price will be determined by the Board of Directors in an amount which is not lower than the volume-weighted average price of Detsky Mir's shares on the Moscow Exchange for six months immediately preceding the date of the mandatory tender offer made in accordance with the Russian Law.

In related transaction, The board of Public Joint Stock Company Detsky Mir intent to spin-off LLC Detsky Mir on November 7, 2022. Detsky Mir plans a reorganization into a private firm in the form of a spin-off and tender offer. The procedure assumes a reorganization of PJSC Detsky Mir, gradual transition of shareholders from the public company PJSC Detsky Mir to a non-public company LLC Detsky Mir and a tender offer for shareholders of PJSC Detsky Mir who have not transferred to LLC Detsky Mir.

Detsky Mir will continue its operations in children's food and non-food product retail and will be able to focus on developing its existing retail chain, as well as to manage its business in an efficient and flexible way. Upon completion of the Reorganisation and partial transfer of shareholders to LLC Detsky Mir, it is planned that in 2023 a subsidiary of the Company will make a tender offer to all shareholders to sell their shares in PJSC Detsky Mir (the “Offer”). Following these steps, PJSC Detsky Mir may be liquidated subject to receipt of all necessary corporate approvals., The Board of Directors plans to recommend that, at an Extraordinary General Meeting of Shareholders (EGM), the company's shareholders approve the launch of the reorganization of PJSC Detsky Mir in the form of a spin-off of LLC Detsky Mir as a subsidiary operating company.

If approved by the EGM, the reorganization will be completed within approximately six months of the EGM decision. On December 29, 2022, the shareholders of Detsky Mir approve the new Charter of the PJSC Detsky Mir and the reorganisation of PJSC Detsky Mir .Shareholders of PJSC Detsky Mir, who did not participate in voting on the Reorganisation or vote “against”, will be entitled to demand redemption of their shares at a price RUB 71.50 per ordinary share. If the number of shares tendered for redemption exceeds the number of shares that may be redeemed then the shares will be redeemed from the shareholders pro rata to the tendered shares.