Agram Invest d.d. made an offer to acquire remaining 21% stake in Medora hoteli i ljetovalista d.d. (ZGSE:HPDG-R-A) for HRK 13.7 million on October 31, 2016. Under the terms of the offer, Agram Invest agreed to pay HRK 12.41 per share for the remaining approximately 1.11 million Medora shares. The transaction received approval from HANFA, the Croatian supervisory body for financial services. The tender offer is open for 28 days and was launched on October 31, 2016. Agram Invest d.d. completed the acquisition of 0.48% stake in Medora hoteli i ljetovalista d.d. on December 8, 2016. Agram Invest has raised its total share count in Medora by 0.026 million to 4.18 million.