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OTP bid $14 million for IRBn - paper

The daily newspaper Sme reports that the Hungarian OTP bank has bid Sk700 million ($14 million) for an over 92% stake in the state-owned IRB bank, and has promised to raise IRB’s basic capital by Sk1 billion.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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