Deals

Deals

HSBC and StanChart step up banking in Vietnam

HSBC Holdings and Standard Chartered Plc won approval to be the first foreign banks to open wholly-owned units in Vietnam,...

Deals

Russia agrees to buy Oman’s 7% in Caspian pipeline project

Russia has agreed to buy Oman’s 7% stake in the Caspian Pipeline Consortium, a deputy energy minister said on Friday....

Deals

Russia agrees to buy Oman’s 7% in Caspian pipeline project

Russia has agreed to buy Oman’s 7% stake in the Caspian Pipeline Consortium, a deputy energy minister said on Friday....

Deals

Gold off low, but still below $800

Gold edged up on Friday on solid physical purchases by Asian investors after slipping near $790 an ounce, but the...

Deals

Gold off low, but still below $800

Gold edged up on Friday on solid physical purchases by Asian investors after slipping near $790 an ounce, but the...

Deals

Iraq seeks to buy 36 F-16 fighters from US

The Iraqi government is seeking to buy 36 advanced F-16 fighters from the US, American military officials familiar with the...

Deals

Iraq seeks to buy 36 F-16 fighters from US

The Iraqi government is seeking to buy 36 advanced F-16 fighters from the US, American military officials familiar with the...

Deals

Lone Star may sue S.Korea gov’t on KEB deal

US private equity house Lone Star is seriously considering suing the South Korean government if it delays approval of the...

Deals

Lone Star may sue S.Korea gov’t on KEB deal

US private equity house Lone Star is seriously considering suing the South Korean government if it delays approval of the...

Deals

World’s richest got even richer last year: report

Even as world financial markets broke down last year, personal wealth around the world grew 5% to $109.5 trillion, according...

Deals

World’s richest got even richer last year: report

Even as world financial markets broke down last year, personal wealth around the world grew 5% to $109.5 trillion, according...

Deals

Azerbaijan’s Unibank named as OTP acquisition target

“Hungarian OTP Bank is a potential purchaser of the stocks of Azerbaijani Unibank,” head of the European Bank for Reconstruction...

Deals

Azerbaijan’s Unibank named as OTP acquisition target

“Hungarian OTP Bank is a potential purchaser of the stocks of Azerbaijani Unibank,” head of the European Bank for Reconstruction...

Deals

BP near deal with Russian partners

BP is close to a deal with its oligarch co-owners of TNK-BP that would see board changes at the Russian...

Deals

BP near deal with Russian partners

BP is close to a deal with its oligarch co-owners of TNK-BP that would see board changes at the Russian...

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...