Bohemian Financing Zartkoruen Mukodo Reszvenytarsasag said it has launched an offer to buy the 13.44% stake in Hoteli Jadran d.d. (ZGSE:HJDR) that it does not already own. The offer refers to 14,398 voting shares in Hoteli Jadran valued at HRK 1 ($0.162 /€0.133) apiece, the bidder said in a bourse filing on December 28, 2020. Bohemian Financing said it is launching the offer together with Croatia-based real estate company Topaz, which holds an 86.56% stake in Hoteli Jadran. Bohemian Financing became legally obligated to launch a mandatory buyout bid for Hoteli Jadran after assuming full ownership of Topaz earlier in 2020. The buyout bid will be valid until January 25, 2021. The Croatian Financial Services Supervisory Agency, HANFA, gave the green light to Bohemian Financing to launch the buyout bid on December 23, 2020 an earlier bourse filing reads.