Hungarian Central Bank Buys Austria's 68.8% Stake in Budapest Stock Exchange

BusinessDeals ♦ Published: November 24, 2015; 19:00 ♦ (Vindobona)

Austrian shareholders CEESEG and OeKB sell their 68.8% stake in Budapest Stock Exchange to Hungarian Central Bank for €42m ($45m), the Hungarian central bank confirmed officially.

Hungarian Central Bank Buys Austrian 68.8% Stake in Budapest Stock Exchange / Picture: © Budapest Stock Exchange

The holding company CEESEG Aktiengesellschaft (CEESEG) and Oesterreichische Kontrollbank Aktiengesellschaft (OeKB) today announced the sale of their 50.45% and 18.35% stake respectively in the Budapest Stock Exchange (BSE) to the Hungarian National Bank.

The deal between Budapest Stock Exchange and the Vienna Bourse holding CEESEG and the Austrian Kontrollbank was already…