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Magyar Telekom said late Monday the stake of its shares held by the state’s Pension Reform and Debt Reduction Fund fell under the 5% threshold for disclosure.
The fund’s stake decreased to 51,887,763 shares, giving it 4.976% of voting rights in the company.
The fund acquired 52,987,673 shares of Magyar Telekom, giving it 5.082% of voting rights, on November 7.
The fund contains assets earlier transferred from private pension funds.