Following on from the acquisition of a 51% stake in Vodafone Hungary in January, 4iG has increased its effective stake by 19.5%, to 70.5%, by means of a share swap. Subsidiary Antenna Hungária has swapped its 25% stake in the Hungarian businesses of Yettel and CETIN for 19.5% of Corvinus’s 49% stake in Vodafone Hungary. This strengthens 4iG’s ownership of Vodafone Hungary and should help improve the efficiency of the integration process.
22 Mar 2023
4iG - Yettel stake swapped for 19.5% of Vodafone Hungary
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4iG - Yettel stake swapped for 19.5% of Vodafone Hungary
Following on from the acquisition of a 51% stake in Vodafone Hungary in January, 4iG has increased its effective stake by 19.5%, to 70.5%, by means of a share swap. Subsidiary Antenna Hungária has swapped its 25% stake in the Hungarian businesses of Yettel and CETIN for 19.5% of Corvinus’s 49% stake in Vodafone Hungary. This strengthens 4iG’s ownership of Vodafone Hungary and should help improve the efficiency of the integration process.