PZ Cormay S.A. (WSE:CRM) agreed to acquire remaining 11.6% stake in Orphée SA (WSE:ORP) for PLN 7.8 million on September 4, 2019. PZ Cormay will be paying PLN 1.95 per share of Orphée. PZ Cormay is also planning to delist Orphée and to launch a squeeze out of Orphée shares after acquiring required number of shares. Supervisory board of PZ Cormay approved the transaction.