Veniti S.A. (WSE:VNT) entered into an investment agreement to acquire 82.12% stake in Boomerang S.A. (WSE:BMR) from Argentum Capital LLC and Robert Szulc for PLN 1 million in stock on August 21, 2015. As reported, Veniti will acquire 55.02 million shares in Boomerang. Argentum will have a right to acquire 1.12 million shares of Veniti under the planned issue of series C shares.

Veniti plans to appoint Robert Szulc as its Chairman of the management Board. Veniti will call an extraordinary general meeting to vote upon change of the company's name to Boomerang. Veniti and Robert Szulc will undertake the further sale of Boomerang's shares for sale price of no less than PLN 0.27 million.

Boomerang will call an extraordinary general meeting to vote upon the change of the company to one assigned by Veniti.