IFLR1000

Metis/Blue Robin Investments/Pannonia Ft37 billion acquisition of MKB Bank

30/6/2016
Private acquisition
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Ft 37 billion

$ 127.539 million

Completed

30/6/2016

Overview:

  • Metis/Blue Robin Investments/Pannonia has acquired MKB Bank for $134 million from the National Bank of Hungary (NBH).
  • The National Bank of Hungary privatised MKB in 2014, acquiring it from BayernLB for €55 million.
  • MKB is Hungary's fourth largest bank.

Sam Duke - Editor

Jurisdiction:

Hungary

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Industry sector:

Banking

Firm:
DLA Piper Hungary

Party: Hungarian National Bank (HNB) (Seller)

Lawyers: András Nemescsói, Gábor Molnár

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