Tebesa Sp. z o.o. made an tender offer to acquire remaining stake of 36.8% stake in Novita S.A. (WSE:NVT) for approximately PLN 49.3 million on June 7, 2016. Under the terms of the transaction, Tebesa will acquire all the remaining shares at a price of PLN 53.5 per share. The transaction will go through provided that the threshold of 95% is secure in subscriptions. The subscriptions for the shares will be held from June 27, 2016 to July 27, 2016. On July 26, 2016, Tebesa revised the purchase price from PLN 53.5 to PLN 53.51. Tebesa Sp. z o.o. cancelled the acquisition of remaining stake of 36.8% stake in Novita S.A. (WSE:NVT) on January 26, 2017