Home / News / 4iGʼs T-Systems Hungary acquisition falls through

4iGʼs T-Systems Hungary acquisition falls through

Talks on the sale of T-Systems Hungary to 4iG have been terminated, T-Systems Hungary parent Magyar Telekom and 4iG said in disclosures posted on the website of the Budapest Stock Exchange late Tuesday, state news wire MTI reports.

The parties announced in July that 4iG had agreed to acquire T-Systems Hungary, a much bigger peer, for an undisclosed price. 4iG had planned to finance the acquisition by involving institutional investors and issuing bonds, in addition to taking out credit. The deal was supposed to have helped boost 4iGʼs annual revenue to HUF 200 billion-250 bln in 2-3 years.

On Tuesday, Magyar Telekom and 4iG said they decided to terminate the negotiations regarding the sale of T-Systems Hungary “following 4iGʼs initiative”.

T-Systems Hungary will continue to be a part of the Magyar Telekom group, they said.

“Magyar Telekom and 4iG intend to continue exploring cooperation opportunities with the aim of partnering in the field of services sold to the public and enterprise segments. The consortium agreements concluded earlier between the parties remain in effect with unchanged conditions,” Magyar Telekom and 4iG added. 

In a separate press release from 4iGʼs PR agent, 4iG chairman-CEO Gellért Jászai said the decision to break off the talks on the planned acquisition was “difficult but well-considered”.

“Regardless, 4iG has not given up on its plans for expansion in Hungary and the region….In addition to organic growth, 4iG will continue to actively seek acquisition targets that support its growth goals and raise shareholder value,” he added.

 In the same statement, Magyar Telekom CEO Tibor Rékasi said the telco would “further strengthen its position as market leader”, “continuing developments in line with its strategy and with strong strategic partners – among them 4iG”.

4iGʼs share price has more than doubled since the start of the year, MTI says.

Source : bbj.hu

Check Also

Hollywood Actress Renée Zellweger to Be Contacted for Signature Drive for National Regions

The collection of signatures for the European Citizens’ Initiative on protecting national regions, continued earlier …

91 comments

  1. I’m the owner of JustCBD brand (justcbdstore.com) and I’m presently aiming to expand my wholesale side of company. It would be great if anybody at targetdomain is able to provide some guidance 🙂 I considered that the most ideal way to accomplish this would be to reach out to vape shops and cbd stores. I was hoping if someone could suggest a qualified web-site where I can buy Vape Store Email List I am already reviewing creativebeartech.com, theeliquidboutique.co.uk and wowitloveithaveit.com. Unsure which one would be the most ideal option and would appreciate any support on this. Or would it be simpler for me to scrape my own leads? Suggestions?

  2. права для обращения в суд с заявлением и это процедура субсидиарная ответственность вопрос интереснен каждому владелецу бизнеса

  3. Greetings! Very helpful advice within this post! It is the little changes that make the greatest changes. Many thanks for sharing!

  4. This site was… how do you say it? Relevant!! Finally I’ve found something which helped me. Thanks!

  5. Hey there! I just would like to offer you a big thumbs up for your great info you’ve got right here on this post. I will be returning to your blog for more soon.

  6. Howdy! This blog post couldn’t be written much better! Looking at this post reminds me of my previous roommate! He continually kept preaching about this. I am going to send this article to him. Pretty sure he’s going to have a very good read. Many thanks for sharing!

  7. Right here is the perfect website for everyone who hopes to find out about this topic. You know a whole lot its almost tough to argue with you (not that I really would want to…HaHa). You certainly put a new spin on a subject that’s been discussed for decades. Great stuff, just wonderful!

  8. Having read this I thought it was very enlightening. I appreciate you taking the time and effort to put this information together. I once again find myself spending way too much time both reading and posting comments. But so what, it was still worth it!

  9. That is a great tip particularly to those new to the blogosphere. Simple but very precise info… Appreciate your sharing this one. A must read post!

  10. I really like reading an article that can make people think. Also, many thanks for allowing me to comment!

  11. That is a good tip especially to those new to the blogosphere. Brief but very precise info… Appreciate your sharing this one. A must read post!

  12. I couldn’t resist commenting. Perfectly written!

  13. Great information. Lucky me I ran across your site by accident (stumbleupon). I have saved as a favorite for later!

  14. Greetings! Very useful advice within this post! It is the little changes which will make the most important changes. Thanks for sharing!

  15. Everything is very open with a very clear description of the challenges. It was truly informative. Your site is very useful. Many thanks for sharing!

  16. bookmarked!!, I really like your blog!

  17. Good day! I simply wish to give you a big thumbs up for your great information you have here on this post. I will be coming back to your website for more soon.

  18. Oh my goodness! Awesome article dude! Thank you, However I am having issues with your RSS. I don’t understand the reason why I am unable to subscribe to it. Is there anyone else having similar RSS issues? Anyone who knows the answer can you kindly respond? Thanks!!

  19. I blog frequently and I truly appreciate your content. This article has truly peaked my interest. I am going to book mark your site and keep checking for new details about once a week. I opted in for your RSS feed too.

  20. Hello there, There’s no doubt that your web site could possibly be having web browser compatibility problems. Whenever I look at your website in Safari, it looks fine but when opening in I.E., it has some overlapping issues. I merely wanted to provide you with a quick heads up! Aside from that, fantastic blog!

  21. A fascinating discussion is worth comment. I believe that you ought to write more on this topic, it may not be a taboo subject but usually folks don’t speak about such subjects. To the next! Many thanks!!

  22. Hi, I do believe this is an excellent blog. I stumbledupon it 😉 I will revisit once again since i have book-marked it. Money and freedom is the best way to change, may you be rich and continue to guide others.

  23. Good info. Lucky me I came across your blog by accident (stumbleupon). I’ve saved it for later!

  24. The next time I read a blog, Hopefully it doesn’t disappoint me as much as this one. I mean, I know it was my choice to read through, nonetheless I genuinely thought you’d have something useful to talk about. All I hear is a bunch of crying about something that you could possibly fix if you were not too busy looking for attention.

  25. Hi, I do think this is an excellent site. I stumbledupon it 😉 I may come back once again since i have bookmarked it. Money and freedom is the greatest way to change, may you be rich and continue to guide other people.

  26. You should take part in a contest for one of the greatest blogs on the net. I will recommend this website!

  27. That is a really good tip especially to those fresh to the blogosphere. Simple but very precise info… Appreciate your sharing this one. A must read post!

  28. This blog was… how do you say it? Relevant!! Finally I have found something that helped me. Cheers!

  29. When I initially commented I appear to have clicked the -Notify me when neew comments are
    added- checkbox and from now on whenever a comment is added I receive 4 emails with the same comment.
    There has to be an easy method you are able to remove
    me from that service? Thank you!

    Look into my blog :: ascendingdawn.com

  30. Your style is very unique compared to other people I’ve read stuff from.
    Thanks for posting when you’ve got the opportunity, Guess I will just bookmark
    this site.

    Also visit my blog; Donkey Milk Soap Sephora

  31. I think everything posted was actually very logical.
    However, think on this, suppose you were to write a awesome post title?

    I am nnot suggesting your information isn’t solid, but what if you added something to possibly get folk’s attention? I msan 4iGʼs T-Systems Hungary acquisition falls through – Budapesty is kinda boring.
    You could peek aat Yahoo’s home page and note how they create news
    titles to grab people interested. You might try adding
    a video oor a pic or two to grab people excited about what you’ve written. In myy opinion, it could
    make your posts a little livelier.

    My web-site; Donkey Milk Cosmetics Portugal For Sale

  32. Hi, i think that i saw you visited my weblog thus i came to “return the favor”.I am attempting to find things to enhance my
    site!I suppose its ok to use some of your ideas!!

    Also visit my blog – Stella

  33. I’m amazed, I have to admit. Seldom do I come across a blog that’s both equally educative and interesting, and let me tell you, you have hit the nail on the head. The issue is something that not enough people are speaking intelligently about. I am very happy I stumbled across this during my search for something concerning this.

  34. Hey, I think ykur website migt be having browser compatibility issues.
    When I look at your website in Ie, it looks fine but when opening in Internet Explorer,
    it has soime overlapping. I just wanted to give you a quick heads
    up! Other then that, excellent blog!

    Also visit my web-site; Natural donkey milk soap Ingredients

  35. Ahaa, its fastidious discussion on the opic of this paragraph at this place at this blog, I have read all that, so
    now me also commenting at this place.

    Here is my webpage :: corsica female donkey milk Soap

  36. It’s a shname you don’t hhave a donate button! I’d most certainly donate to this
    excellent blog! I guess for now i’ll settle for bookmarking and adding your RSS feed to my
    Google account. I look forward to new updates and will share
    this website with my Facebook group. Talk soon!

    Also visit my web page … Donkey Milk Soap Holland And Barrett

  37. I am regular reader, how are you everybody? This article posted at this site is in fact good.

    Also visit my page donkey milk soap base recipe

  38. Howdy, There’s no doubt that your site might be having browser compatibility problems.
    Whenever I take a look att your blog in Safari, it
    looks fine however, when opening in Internet Explorer, it has some overlapping issues.
    I simply wanted to provide you with a quick heads up!
    Besides that, wonderful blog!

    Also visit my web page Honey Donkey Milk soap

  39. I don’t know whether it’s just me oor iff everyone else encountering problems with your website.

    It looks like some of the text on your posts are running
    off the screen. Can somebody else please comment and let me know iff this is happening to
    them as well? This may be a problem with my web browser because I’ve had this happen before.
    Kudos

    Feel free to visit my web blog … donkey Milk cosmetics Asia

  40. It’s an amazing article in support of alll the
    web viewers; thyey will take benefit from it I am sure.

    My website :: donkey milk soap grisi

  41. Asking questions are actually good thing if you are not understanding anything
    fully, but this paragraph provides good understanding
    yet.

  42. Hi there! I could have sworn I’ve been to this blog before but after reading through some
    of the post I realized it’s new to me. Nonetheless, I’m definitely delighted I found it and
    I’ll be book-marking and checking back often!

  43. What i do not realize is in reality how you’re no longer
    really much more well-favored than you may be
    now. You are very intelligent. You understand thus considerably with regards to
    this matter, made me for my part believe it from numerous
    varied angles. Its like men and women don’t seem
    to be involved except it’s one thing to do with Lady gaga!
    Your personal stuffs outstanding. At all times care for it up!
    2CSYEon cheap flights

  44. I enjoy, cause I found just what I used to be looking for.
    You have ended my 4 day long hunt! God Bless you man. Have a great day.
    Bye cheap flights 34pIoq5

  45. It is the best time to make some plans for the future and it’s time to be happy.
    I have read this post and if I could I wish to suggest you few interesting things
    or advice. Maybe you can write next articles referring to this
    article. I desire to read even more things about
    it!

  46. Wow that was strange. I just wrote an incredibly long
    comment but after I clicked submit my comment didn’t show up.
    Grrrr… well I’m not writing all that over again. Anyhow, just wanted to say wonderful blog!

  47. erectile supplements for men plaquenil effects on eyes erectile medication over the counter

  48. hydroclorizine plaquenil 400 hydroxychloroquine use

  49. dyrk ashton paternus book 3 Musique Englishman In New York Gratuitement khadar vali millets book pdf free download

  50. Strippa Garbolino Teflon Puller Slot Carte Casino Adresse Origine Joa Casino Gerardmer

  51. chloroquina https://chloroquineorigin.com/# hydroxychloroquine side effects heart

  52. Supermarche Casino Ste Marie La Mer Casino Supermarche Barriere Recrutement Code Reduction Casino Livraison

  53. hydroxychloroquine prophylaxis cloroquina hydroclorquin

  54. hydroxychloroquine prophylaxis https://hydroxychloroquinex.com/ does hydroxychloroquine plaquenil drug class

  55. hydroxychloroquine 200 mg side effects https://plaquenilx.com/# hydroxichloraquin

  56. bactrim generic name sulfamethoxazole trimethoprim 800 160 mg tablet

  57. plaquenil pill buy chloroquine phosphate canada

Leave a Reply

Your email address will not be published.