The state-owned Hungarian Electricity Works (MVM) is in talks on acquiring stakes in German utilities giant E.ON's electricity distributors in Hungary, MVM communications director Agoston Tringer told MTI on Tuesday, confirming wire reports.
The talks are in line with a declaration of intent signed by MVM and E.ON last June.
Published every Tuesday, the Budapest Business Week newsletter contains all the previous week's headlines from Realdeal.hu and related stories from other All Hungary sites, as well as a list of upcoming events of interest to the foreign business community in Hungary.
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