Mesna industrija Braca Pivac d.o.o. made a bid to acquire remaining 69.27% stake in Kras d.d. (ZGSE : KRAS) from Kras ESOP D O O, Kappa Star Limited and others for approximately HRK 450 million on October 23, 2019. As part of the consideration, Mesna industrija Braca Pivac d.o.o. will pay HRK 430 per each Kras share. As of October 24, 2019, Croatia's financial regulator HANFA has approved the transaction. The bid of Braca Pivac will remain open in the next 28 days.