Are you sure?

BÉT & BÁT to unite

The board of executives of the Budapest Commodity Exchange (BÁT) has officially approved the integration with Budapest Stock Exchange (BÉT). The last day of trading in BÁT is October 28, and as of November 2, there will be only one stock exchange in Hungary, after 16 years. BÁT has Ft 600 million as registered capital, Ft 800 million in cash, and a 20% share in Keler Rt, which already had a Ft 13 billion capital by the end of June. Decision has not yet been made on BÉT buying all BÁT stocks. (NG 11) E.C.