Two of the three bidders the government’s asset sales agency picked for final negotiations would keep Malév’s current management, while one would give a 5% stake to each member of management, the newspaper said, without naming the companies.
The sale is Hungary’s seventh attempt to find a buyer for Malév, with the priority being the assumption of Ft 30 billion ($153 million) of debt at the carrier, the price and the proposed business plan, the newspaper said.
Hungary is in talks with Ofer Hava, an entrepreneur in a group with former Aer Lingus Chairman Tom Mulcahy, OAO KrasAir owner Boris Abramovich’s Airbridge Zrt and Lithuanian airline owner LAL investiciju valdymas.
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