An unknown bidder made an offer to acquire the remaining 61% stake in Zapf Creation AG from the Larian family for €39.3 million on March 31, 2017. The price per share is €10. Larian Living Trust, trustees Isaac E. Larian and Angela Larian, decided to make an offer on behalf of the bidder. The bidder currently holds approximately 2.51 million shares in Zapf Creation, corresponding to a stake of approximately 39%. The acceptance period runs from April 4, 2017 up to May 10, 2017, 12:00 AM (Frankfurt am Main local time) which can be extended under certain conditions. The shareholders of Zapf Creation AG can accept the offer only in writing to their depository bank within the acceptance period. The offer will not be subject to any conditions.