Lotte Confectionery Co. Ltd. (KOSE:A004990) made an offer to acquire remaining 23.8% stake in Rakhat JSC (KAS:RAHT) for KZT 5.7 billion on December 10, 2013. Under the terms of the offer, Lotte Confectionery will acquire 0.86 million shares at an offer per share of KZT 6690. The offer period is from December 23, 2013 until January 13, 2014. Amanat Iskakov and Maxim Zankin of RESMI Finance & Investment House acted as the financial advisor on the transaction.

Lotte Confectionery Co. Ltd. (KOSE:A004990) completed the acquisition of additional 2.86% stake in Rakhat JSC (KAS:RAHT) for KZT 690 million on January 13, 2014. Around 0.1 million shares were tendered under the offer.