Huge acquisition on the Hungarian agricultural market

The Bige Holding will be the majority owner of the KITE Zrt. if the Competition Authority authorizes the acquisition – Bige László, the owner of the holding told Napi.hu.

“The offer is accepted, the contract was signed, the purchase price is deposited. After the Competition Authority authorizes the acquisition we possess.” – Bige László told.

Bige László, the owner of the Bige Holding did not disclose more details of the transaction. In connection with the purchase price he said that the 20 billion HUF amount mentioned by Napi.hu. is close to reality. (MTI)