Plans for state development bank MFB to sell its 35.5% stake in Takarékbank shares and for Magyar Posta to sell its 19.3% holding in an international tender were published in the official gazette Magyar Közlöny on Tuesday.

The deadline for bids is January 15, 2014. Bids will be evaluated by March 15, and a contract signed by March 30, according to the decree.

Source: Hungary Around the Clock

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