Hungarys M&A market halves in Q1 2012.

By bne IntelliNews May 7, 2012
The value of Hungary's mergers and acquisition deals declined by 50% to HUF 57bn (EUR 200mn) in the first quarter of 2012, Hungary Around the Clock reported citing data from MergerMarket. The number of M&A deals in the period dropped by 27% y/y to 24. The largest transaction was the sale of Fortis Private Equity to a company owned by Kristof Nobilis. Book retailer Libris purchase of a 50% stake in publisher Helikon and an 80.5% stake in entertainment listings website followed. Hungarys M&A market contracted 29% y/y to USD 1.8bn in 2011, data from consultancy Ernst & Young showed earlier.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 278

Related Articles

Assets of Hungarys investment funds up 3.2% m/m in Feb 2013.

Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more

Hungary's number of employees down 0.6% y/y in Jan 2013.

The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more

Hungarys MVM clears deal for purchasing E.ONs local units.

The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more