Domestic venture firm Arago's public bid of HUF4270 (US$) a share for the all outstanding stock in Hungary's largest meat processor Pick has been approved today [Tuesday] by the country's capital market regulator, PSZAF. The offer, managed by Hungarian brokerage Concorde Securities, is considerable higher than Arago's previous bid, of HUF3770 per share, but PSZAF declined to approve this last month.