Zagrebacka burza d.d. (ZGSE:ZB) (The Zagreb Stock Exchange) (ZSE) planned to increase its stake in the counterpart in North Macedonia, Macedonian Stock Exchange AD (the Macedonian Stock Exchange) (MSE), to 15.19% from 5.3%. ZSE plans to buy 276 shares, representing a 9.89% stake in MSE, the bourse in Zagreb said in a statement. North Macedonia's securities and exchange commission approved the proposed transaction on March 16, 2021. The acquisition should be carried out in less than 90 days after the clearance, the commission said in a statement. Earlier in March 2021, the two bourses signed a cooperation agreement aimed at improving the expertise and professional development of participants in North Macedonia's capital market through seminars at the ZSE academy.