Maximus OOO made a mandatory buyout offer to acquire an additional 23% stake in Public Joint-Stock Company Seligdar (MISX:SELG) for RUB 4.9 billion on August 7, 2020. The offer applies to about 230 million voting shares, which amounts to about 27% of such shares and a 23% equity stake in Seligdar. Under the terms of consideration, Maximus will pay RUB 26.5 per ordinary shares. Central Bank of Russia (CBR) is supposed to decide whether the offer complies with the law. As of August 25, 2020, the offer will lapse in 70 days.