HomeAdvisor, Inc. made a tender offer to acquire 29.9% stake in MyHammer Holding AG (DB:MYRK) for €7.7 million on October 10, 2016. As of December 19, 2016, HomeAdvisor will now offer a consideration of €6.50 per shares. In a relative transaction, IAC/InterActiveCorp (NasdaqGS:IAC) agreed to acquire 70% stake in MyHammer Holding AG from Holtzbrinck Digital GmbH. The tender offer will be launched in the coming weeks, after clearance is obtained from German regulatory authorities.

HomeAdvisor, Inc. cancelled the acquisition of 29.9% stake in MyHammer Holding AG (DB:MYRK) on October 10, 2017.