Carbo Europe Srl made a buyout bid to acquire remaining 31.6% stake in Carbochim S.A. (BVB:CBC) from individuals and companies for RON 23.5 million on January 30, 2020. Carbo Europe Srl made a bid to acquire remaining 1.56 million shares at RON 15.1 per share. The transaction is subject to Romania's competition authority. The buyout offer will be valid from February 3, 2020 to March 6, 2020. As on April 13, 2020, Romania's competition authority approved the transaction.