Allianz ZB d.o.o. and Valamar Riviera d.d. (ZGSE:RIVP-R-A) launched a takeover bid to acquire remaining 40.47% stake in Imperial d.d. (ZGSE:HIMR-R-A) for approximately HRK 210 million.

Allianz ZB d.o.o. and Valamar Riviera d.d. (ZGSE:RIVP-R-A) launched a takeover bid to acquire remaining 40.47% stake in Imperial d.d. (ZGSE:HIMR-R-A) for approximately HRK 210 million on November 14, 2016. Under the terms of the offer, 0.26 million shares will be acquired for HRK 819 per share. The deal has been approved by the Croatia's financial services supervisory agency, HANFA.

The deal has been approved by Imperial on November 25, 2016. The offer is open till 28 days from the date of announcement.