PKO Leasing S.A. made an offer to acquire Prime Car Management S.A. (WSE:PCM) for approximately PLN 280 million on April 18, 2019. Under the terms of the transaction, PKO Leasing S.A. offer PLN 23.75 per share of Prime Car Management S.A. PKO Leasing will acquire all of the shares of PCM, but the firm will settle for a 66% controlling stake if necessary. PKO Leasing will go ahead with the purchase if it reaches at least 66% in the firm or 7.86 million shares but may forgo that condition. On May 9, 2019, the management announced that the offered price is found to reflect the fair value of the company. First stage of subscriptions under the first phase of the offer will end on May 22, 2019. PKO Leasing S.A. completed the acquisition of 66% stake in Prime Car Management S.A. (WSE:PCM) for approximately PLN 190 million on May 22, 2019. PKO leasing will launch the second phase of the tender offer to purchase the remaining stake in Prime car at PLN 20 per share, beginning May 23, 2019, till June 11, 2019.