Monday, May 21, 2007

Hungary's FHB draws at least four bidders -banker

(Reuters) - "We will organise a tender of the stake, and the winner will
have to make a public offer to all shareholders under Hungarian
share law," Sernetz told Reuters. "Normally you would expect a
premium on the share price for a controlling stake."




Sernetz, who got the Hungarian government's mandate to sell
the FHB stake last week, said he would expect several more
parties to express their interest.


Read more at Reuters.com Mergers News

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