Plava laguna d.d. (ZGSE:PLAG) entered into an agreement to acquire the remaining stake of 5.17% stake in Istraturist Umag d.d. on June 29, 2017. The commercial Court in Pazim approved the merger on December 29, 2017, and on January 12, 2018. The general assembly of both companies approved the transaction on August 11, 2017. Plava laguna d.d. (ZGSE:PLAG) completed the acquisition of the remaining stake of 5.17% stake in Istraturist Umag d.d. on January 1, 2018. The transaction was made effective on January 1, 2018.