KF 15 GmbH, Dieter Heick Verpackungsmaschinen GmbH & Co. KG and Dieter Hahn made a bid to acquire additional 61.6% stake in Constantin Medien AG (XTRA:EV4) from Baden-Württembergische Versorgungsanstalt für Ärzte, Zahnärzte und Tierärzte and others for approximately €130 million on December 5, 2016. KF 15 GmbH, Dieter Heick Verpackungsmaschinen GmbH will offer €2.3 per share. The deal excludes shares held by Highlight Communications. In a related deal, KF 15 GmbH, Dieter Heick Verpackungsmaschinen GmbH & Co. KG will submit takeover bids to shareholders of Highlight Communications at price of €6 per share. The deal is subject to consummation of due diligence. As on December 11, 2016, Bernhard Burgener, a 30% shareholder in Constantin Medien rejected the offer. As on June 13, 2017, Swiss rejected the offer and both parties should submit an offer on June 30, 2017, for the acquisition of the entire Constantin Medien at a price of at least €2.62 per share. The better takeover bid should prevail. KF 15 GmbH, Dieter Heick Verpackungsmaschinen GmbH & Co. KG and Dieter Hahn cancelled the acquisition of additional 61.6% stake in Constantin Medien AG (XTRA:EV4) from Baden-Württembergische Versorgungsanstalt für Ärzte, Zahnärzte und Tierärzte and others on December 16, 2017.