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Announced

11 Nov 2021

MagNet Bank to acquire Sopron Bank Burgenland from Hypo-Bank Burgenland.

Synopsis

MagNet Bank, a Hungarian bank, agreed to acquire Sopron Bank Burgenland, a Hungarian bank, from Hypo-Bank Burgenland, a regional bank in Austria. Financial terms were not disclosed.

Principals

target

Sopron Bank

bidder

Magnet Bank

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Market Context

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Seller Team (1)

róbert jó

Deputy CEO at SOPRON BANK

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

fáy zsolt

CEO at MAGNET BANK

Manager

bidder

Deal

n/a

Total Value

Vendor Team (6)

zsolt zsurzsa

Senior Associate at CMS

Lawyer

vendor

Deals

£ 99 M

Total Value

eszter kalman

Senior Counsel at CMS

Lawyer

vendor

Deals

£ 197 M

Total Value

erika papp

Managing Partner at CMS

Lawyer

vendor

Deals

£ 3.66 B

Total Value

szilvia kabacs

‎Senior Associate at CMS

Lawyer

vendor

Deals

£ 197 M

Total Value

arpad lantos

Senior Consultant at CMS

Lawyer

vendor

Deals

£ 3.66 B

Total Value

andreas kohler

Co-Head of CEE German Practice at CMS

Lawyer

vendor

Deals

£ 3.66 B

Total Value

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