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Expat Life in Budapest, Hungary - News, Events, Movies, Restaurants, Jobs, Schools, Sport, Clubs in the Hungarian Capital

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Antenna to hit the selling block soon

The government is planning to begin the privatization of Antenna Hungária Rt (AH), the state-owned broadcaster, this month, according to unnamed sources.


The State Privatization Holding Rt (ÁPV), the majority owner of AH, is allegedly ready to sell its entire 74% stake in AH under one of two schemes. One would see the entire stake sold to a private investor, while under the other, ÁPV would sell 50% to an investor and sell the remaining 24% on the Budapest Stock Exchange. (MH 1) S.F.

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14.04.2004

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