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BSE holds general assembly

Budapest Stock Exchange Rt (BSE) held its general assembly yesterday, where BSE owners gave authority to the company?s board to integrate the activities of BSE and Budapest Commodities Exchange as well as buying Keler shares from the National Bank of Hungary (MNB) and preparing the financing of the transaction. BSE has also approved a stock exchange protection regulation, according to which not 75%, but 85% of the owners must agree to change BSE?s name and major area of activity or to decide about the company?s liquidation without a legal successor and sell the company?s assets.