Hungary exempts Vodafone deal from competition scrutiny - govt decree

4ig.

10/01/2023 06:55

BUDAPEST, Jan 10 (Reuters) - Hungary's government has
declared local IT firm 4iG's purchase of a 51% stake in
Vodafone's Hungarian unit a transaction of national strategic
interest, exempting the deal from competition scrutiny,
according to a decree published late on Monday.
    British telecom group Vodafone  VOD.L  said on Monday it had
agreed the sale of its Hungarian business to local IT company
4iG and the Hungarian state. 
 (Reporting by Krisztina Than; Editing by Kirsten Donovan)
 ((krisztina.than@thomsonreuters.com;))