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Swisscom transfers purchase price for Antenna Hungária

Swiss broadcaster Swisscom Broadcast has transferred Ft 45.95 billion to the State Privatization and Holding Rt (ÁPV) and Ft 802.39 million to Forrás Rt for a 75%-plus-one-vote stake in Hungarian broadcasting company Antenna Hungária Rt, ÁPV announced on Tuesday. Swisscom won a tender for the stake in July with an offer of Ft 46.75 billion and a promise to invest Ft 12 billion in the company by the end of 2009. The purchase has already been approved by both Hungarian and Swiss competition offices.