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Goldman Sachs unit's tender offer secures 98% of Robyg shares

A unit of global investment firm Goldman Sachs International received more than 98% of the shares of Polish homebuilder Robyg SA under its 4 Polish-zloty-per-share tender offer, tender manager Pekao Investment Banking said in a statement.

Bricks Acquisition Ltd. launched the offer for all of Robyg's 289.4 million shares in December 2017 and has already secured approval from Poland's antitrust body.

A notice about the merger sent to the European Commission indicated that Bricks Acquisition is acquiring Robyg together with funds managed by affiliates of investment firm Centerbridge Partners LP. Goldman Sachs and Centerbridge Partners are expected to jointly control the homebuilder following the closing of the deal.

As of Feb. 5, US$1 was equivalent to 3.37 Polish zlotys.