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| Austrian VCP Buys 9.9% Stake In Hungarian Mtge Bk FHB -Paper |
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BUDAPEST (Dow Jones)--Austrian venture capital company Vienna Capital Partners Group has a 9.9% stake in Hungarian mortgage bank FHB Nyrt. (FHB.BU) after it purchased 6.5 million FHB shares on the over-the-counter market, business daily Vilaggazdasag said.
"We see a favorable (business) opportunity and a sensible growth potential in the Hungarian banking sector," the paper quoted Heinrich Pecina, VCP's leading partner, as saying.
VCP financed the acquisition from its own resources, Vilaggazdasag added.
The Hungarian government is looking to sell a 50% plus one-vote stake in the partly state-owned mortgage bank this year.
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Quelle: Dow Jones International News; 20070402 |
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© VCP AG 2010
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