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Hungary's MBH Bank Said to Tap Citi as State Mulls Stake Sale [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock (GOOG) More Company Research Source: Yahoo! Finance

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Most Read from Bloomberg They Built a Secret Apartment in a Mall. Now the Mall Is Dying. Why Did the Government Declare War on My Adorable Tiny Truck? How SUVs Are Making Traffic Worse Trump Slashed International Aid. Geneva Is Feeling the Impact. Paris Votes to Make 500 More Streets Car-Free The Budapest-listed group and its shareholders are considering launching a transaction as soon as this year, said one of the people, who asked not to be identified because the matter is private. Deliberations are at an early stage and there's no guarantee that an offering would proceed, the people said. Representatives for Citigroup and MBH declined to comment. The government didn't immediately respond to a request for comment. Entities tied to the Hungarian government and Prime Minister Viktor Orban's business allies are among the lenders biggest shareholders. Corvinus BHG, which is owned by the state, had a 20% stake at the end of December, according to a company document. Th [Read more]

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