Midven S.A. (WSE:MID) acquired 17.5% stake in Boomerang S.A. (WSE:BMR) on August 8, 2017. As reported, Midven acquired 0.39 million shares in Boomerang. As part of an agreement with the shareholders, Boomerang will change its strategy and become a REIT. Boomerang apart from changing the nature of its activity will also change its name to Medard.

Midven S.A. (WSE:MID) completed the acquisition of 17.5% stake in Boomerang S.A. (WSE:BMR) on August 8, 2017.