ZEAL Network SE (XTRA:TIMA) made an offer to acquire remaining 7% stake in Lotto24 AG (XTRA:LO24) for 43 million on July 21, 2021. The final price will be determined by the German Federal Financial Supervisory Authority. As on July 28, 2021, the offer price is 380.97 per share.
Following acquisition, Lotto24 AG plan to withdraw from the stock exchange. The offer will not be subject to any closing conditions.