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

Show Details & Financials

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Market Context

cms

HQ - London, United Kingdom

legal advisors

vendor

1471

Deals

£ 277.06 B

Total Value