Deals

Deals

AIG rescued by Fed

Capping an extraordinary day in financial markets, US authorities pieced together an emergency $85 billion rescue of insurance company American...

Deals

CEZ eyes Kazakhstan, Vietnam for acquisitions – interview

Czech power group CEZ will look for acquisitions in Kazakhstan and Vietnam due to a lack of opportunities in its...

Deals

CEZ eyes Kazakhstan, Vietnam for acquisitions – interview

Czech power group CEZ will look for acquisitions in Kazakhstan and Vietnam due to a lack of opportunities in its...

Deals

Goldman, Morgan Stanley face biggest market test

Bear Stearns melted down in March and has disappeared inside JPMorgan Chase & Co, Merrill Lynch absorbed more than $40...

Deals

Goldman, Morgan Stanley face biggest market test

Bear Stearns melted down in March and has disappeared inside JPMorgan Chase & Co, Merrill Lynch absorbed more than $40...

Deals

HP to cut 24,600 jobs

Hewlett-Packard Co plans to cut 7.5% of its work force, or 24,600 jobs, seeking to realize savings from its recent...

Deals

HP to cut 24,600 jobs

Hewlett-Packard Co plans to cut 7.5% of its work force, or 24,600 jobs, seeking to realize savings from its recent...

Deals

Croatia’s INA says MOL bid “acceptable”

The management of Croatian oil concern INA gave its backing to a public bid for majority control by Hungary’s MOL...

Deals

Croatia’s INA says MOL bid “acceptable”

The management of Croatian oil concern INA gave its backing to a public bid for majority control by Hungary’s MOL...

Deals

AIG plans to sell $20 bln of assets

American International Group plans a $20 billion asset sell-off as it fights to correct a slump in its shares and...

Deals

AIG plans to sell $20 bln of assets

American International Group plans a $20 billion asset sell-off as it fights to correct a slump in its shares and...

Deals

Bank of America to buy Merrill

Bank of America said it agreed to buy Merrill Lynch in an all-stock deal worth $50 billion, snagging the world’s...

Deals

Bank of America to buy Merrill

Bank of America said it agreed to buy Merrill Lynch in an all-stock deal worth $50 billion, snagging the world’s...

Deals

Bank of America likely to win Lehman: analyst

Bank of America Corp will likely win the auction for Lehman Brothers Holdings Inc, said analyst Richard Bove, after sources...

Deals

Bank of America likely to win Lehman: analyst

Bank of America Corp will likely win the auction for Lehman Brothers Holdings Inc, said analyst Richard Bove, after sources...

Deals

Logicor Announces Sale of Operations in Hungary to Sino Logistics

Logicor announced the sale of its Hungarian operations to Sino Logistics. The transaction includes the company's local real estate portfolio...

Deals

Wizz Air Becomes Official Partner of Sziget 2026 Festival

Wizz Air has become the official partner of Sziget 2026, the company announced. Under the agreement, Wizz Air flights will...

MOL Gets U.S. Clearance for Preparatory Steps in NIS Acquisition

MOL has received a U.S. sanctions license authorizing certain preparatory transactions related to its potential acquisition of a stake in...

Serbia Says MOL Deal for NIS Stake Signed; MOL Reports No Disclosure Update

A contract for MOL’s acquisition of a stake in Serbian oil and gas company NIS from Russia’s Gazprom Neft has...

Szentkirályi to Take Over Almdudler Distribution in Hungary From January.

Szentkirályi Magyarország is set to take over Hungarian distribution of popular Austrian herbal soft drink Almdudler on January 1, 2027....

O3 Partners Plans Minority Stake in Impact Ventures Under Strategic Partnership

O3 Partners N.V. and Impact Ventures Venture Capital Fund Management Plc., together with its owner, have signed a memorandum of...

Duna Group Opens Door to Hungarian State Stake in Controversial African Road Project

Duna Group, one of the construction companies that became a major player in Hungary during the Orbán era, remains open...

Continest Expands French Operations With First Strategic Partner

Continest Technologies Plc.’s rental division has established its first strategic partner in France, strengthening the company’s presence and expanding access...

Hungary’s Liwo Group Wins EUR 1.5 mln Slovenian Hospital Contract

The Slovenian subsidiary of Hungary’s Liwo Group has won a public procurement contract to provide comprehensive indoor cleaning and internal...

MOL Signs Agreement With Shell to Buy BG Cyprus in Largest E&P Move Since 2019

MOL Group said Friday it had signed an agreement with Shell to acquire BG Cyprus Ltd., its wholly owned subsidiary....

BME, OTP Join Forces to Strengthen Cybersecurity Education and Research

A new partnership between the Budapest University of Technology and Economics (BME) and OTP Bank aims to connect academic expertise...

BME, OTP Bank Sign Strategic Cybersecurity Cooperation Agreement

The Budapest University of Technology and Economics (BME) and OTP Bank have signed a strategic cooperation agreement aimed at strengthening...

Hungary M&A Activity Rises 16% in 2025, Above Global Average

Merger and acquisition activity in Hungary rose 16% in 2025, outpacing the global and regional averages, according to data compiled...

Logicor Announces Sale of Operations in Hungary to Sino Logistics

Logicor announced the sale of its Hungarian operations to Sino Logistics. The transaction includes the company's local real estate portfolio...

MOL Successfully Concludes Talks With Serbia on NIS Acquisition

Hungarian oil and gas company MOL said it successfully concluded negotiations with the government of Serbia on the conclusion of...

Wizz Air Becomes Official Partner of Sziget 2026 Festival

Wizz Air has become the official partner of Sziget 2026, the company announced. Under the agreement, Wizz Air flights will...

4iG, Northrop Grumman Sign Satellite Deal to Boost Hungary’s Space Capabilities

4iG S&D has signed a multimillion-dollar agreement with Northrop Grumman to develop a geostationary communications satellite under Hungary’s flagship Husat...