Hungarian government sells 54.34% stake in RABA to 4iG Group, economy ministry says

4ig

08/09/2025 09:39

BUDAPEST, Sept 8 (Reuters) - The Hungarian government has agreed to sell its 54.34% stake in vehicle manufacturer RABA to 4iG Group, the Economy Ministry said in a statement on Monday.

Earlier on Monday, 4iG had announced that it would obtain majority control in RABA Automotive Holding Plc. by buying 74% of the company and would also make a mandatory public takeover bid for remaining shares at 1,789 forints per share.

 (Reporting by Krisztina Than)

 ((krisztina.than@thomsonreuters.com;))