Sabiedriba ar ierobezotu atbildibu BH Autoaparats made an offer to acquire the remaining stake in AS Rigas autoelektroaparatu rupnica (RISE:RAR1R) from Baltijas Holdings As, Tehprojekts SIA and others on July 27, 2021. Under the terms, BH Autoaparats offered to pay €0.46 per share. Shareholders will have 30 days to accept to decline the mandatory offer after it is announced in a publication in the official gazette Latvijas Vestnesis. The Financial and Capital Market Commission (FCMC) has given permission to BH Autoaparats to make mandatory takeover bid for the shares of Rigas Autoelektroaparatu Rupnica. The FCMC allowed to make the takeoverbid for RAR shares after RAR shareholders at a June 28 meeting decided to delist the AS Rigas autoelektroaparatu rupnica shares. Shareholders of Rigas Autoelektroaparatu Rupnica real estate company at an extraordinary meeting on June 28 supported delisting the AS Rigas autoelektroaparatu rupnica shares from Nasdaq Riga stock exchange and authorized BH Autoaparats to make the mandatory takeover bid. The offer starts on July 30, 2021 and will end on August 30, 2021. The results of the offer will be announced on September 6, 2021. Settlements will take place on September 6, 2021. Sabiedriba ar ierobezotu atbildibu BH Autoaparats completed the acquisition of the remaining stake in AS Rigas autoelektroaparatu rupnica (RISE:RAR1R) from Baltijas Holdings As, Tehprojekts SIA and others on August 30, 2021.