British Motors D.O.O.Beograd signed a buyout bid to acquire remaining 28.2% stake in Globos Osiguranje a.d.o. Beograd (BELEX:GLOS) for approximately RSD 160 million on March 16, 2020. As part of the acquisition, British Motors D.O.O.Beograd will acquire 0.38 million shares of Globos Osiguranje a.d.o. Beograd for RSD 402 per share. The transaction is expected to close on April 6, 2020. British Motors D.O.O.Beograd completed the acquisition of an additional 15.6% stake in Globos Osiguranje a.d.o. Beograd (BELEX:GLOS) for RSD 86.1 million on April 9, 2020. British Motors acquired 214,139 Globos Osiguranje shares and increased its stake to 87.4% stake in Globos Osiguranje.