Vodafone

A collection of 2 posts

Hungary secures EUR 1.6bn Vodafone purchase

2 min read Economy, Hungary, 4iG, Vodafone

Hungary has finalised a deal to acquire Vodafone Europe’s Hungarian unit for HUF 660bn (EUR 1.6bn) in the largest state purchase since the change of regime in 1990. The Hungarian state made the deal through its holding company Corvinus, which has obtained a 49% stake, while government-linked company

Hungary makes giant bid to buy Vodafone

2 min read Hungary, 4iG, ICT, telecom, Vodafone

Vodafone Group has agreed to sell its Hungarian subsidiary to the Hungarian state and government-affiliated systems integrator 4iG for HUF 715bn (EUR 1.75bn) in a cash purchase, the parties announced on Monday. According to the preliminary, non-binding agreement, 4iG would own 51% of Vodafone Magyarorszag, and the cash-strapped Hungarian