Forex Broker News


BRIEF-Hungarian Takarekbank makes buyout offer for FHB Bank shares

May 30 Hungarian savings and loans group Magyar Takarekszovetkezeti Bank Zrt.


* Makes buyout offer for outstanding shares in mortgage lender FHB Bank at 533 forints ($1.93) each -statement


* Follows recent announcement of a buyout


* Offer pending approval by National Bank of Hungary


* FHB shares closed at 543 forints on Budapest Stock Exchange on Monday

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