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HybridBox to sell two company units

Analysis

HybridBox, a Hungarian company that makes and sells devices that combine internet and television services, will sell Seychelles-registered unit PHERIX Enterprises Corporation and Slovak unit HybridBox Sk Sro.

The transaction is designed to rationalize the company's operations, HybridBox announced on Monday evening.

HybridBox is a B-category issuer at the Budapest Stock Exchange.

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