February 04, 2010, 9:51 CET
PSZAF approves Magyar Telekom buyout offer for EPT
Financial market regulator PSZAF on Wednesday said it approved a public offer by Magyar Telekom for all outstanding shares of First Pest Telephone Company (EPT) at a price of HUF 16,300 per share, the same as nominal value.
Magyar Telekom already owns 97.2pc of EPT shares. Purchasing the remaining shares will cost Magyar Telekom HUF 21.7m.
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