Vienna Capital Partners
Posted Wed, 03/03/2010 - 21:59
Hungary's BorsodChem chemicals group has secured a sizable amount of funding to help stabilize its liquidity and build a new production facility. The funding comes by way of an initial €30 million financing package from China's Wanhua Industrial Group designed to help BorsodChem restructure its current debt load.
Posted Thu, 14/01/2010 - 22:15
FHB Jelzálogbank Nyrt (FHB) chairman Zoltan Speder ended the 2009 year on a high note, buying 2.5 million 'A' series shares of the bank's stock through a standard OTC transaction. After paying € 3.9 per share for a total transaction amount of € 9.75 million, Speder has increased his stake in the bank to 16.75 %. Along with Speder controlled A64 Vagyonkezelo, the two hold a combined 10.75 million 'A' series shares in FHB bank.
Posted Tue, 29/09/2009 - 22:32
The owner of Hungarian chemical company Borsodchem has two potential investments on the horizon as it seeks to restructure the company's debt. The first investment comes via Chinese firm Wanhua Industrial Group who is in talks with Permira to acquire a stake in Borsodchem. Wanhua has already purchased upwards of €200 million worth of mezzanine debt from two other investors.
Posted Tue, 29/09/2009 - 22:18
In a move recently approved by Hungarian regulatory officials, VCP Capital is on course to double its ownership stake in FHB Jelzálogbank Nyrt (FHB). VCP acquired nearly 20% of the Hungarian bank back in June of this year through a purchase from HSBC Bank plc; a deal that was originally struck in 2007. The government approval allows VCP Finanz Holding Vagyonkezelo Kft. to acquire a minimum 20% direct qualifying share but no more than 33%.
Posted Wed, 05/08/2009 - 15:48 by Invest-IQ Team
BorsodChem, the troubled Hungarian chemical company acquired by British PE firm Permira in 2006, is in line to receive a much needed loan from state owned bank Hungarian Development Bank. The € 100 million loan is contingent upon BorsodChem being able to restructure it's debt load, which is estimated to be € 1.1billion, in a way that satisfies the Hungarian government.
Posted Wed, 10/06/2009 - 14:18
Vienna Capital Partners (VCP) has announced the acquisition of 3,175,000 ordinary shares of FHB Jelzálogbank Nyrt.(FHB), increasing its stake in the Hungarian bank to nearly 20%. The shares were purchased from HSBC Bank plc (HSBC) as part of an agreement reached in late 2007.
Posted Wed, 29/04/2009 - 23:26 by Invest-IQ Team
Hungarian chemical producer BorsodChem has reportedly put its PVC division up for sale and is currently talking with potential buyers. The move comes as BorsodChem seeks to concentrate on its isocyanates business. BorsodChem officials believe that the Eastern European PVC industry is fractured and needs to be consolidated to survive. The sale of their PVC division is part of that effort towards consolidation.
Posted Fri, 03/04/2009 - 13:59
Hungarian lender FHB Mortgage Bank is set to receive a substantial amount of new capital from the state. Drawing from the International Monetary Fund's HUF 600 billion bank-rescue package, the Hungarian government will invest HUF 30 billion in FHB, increasing its current stake in the company from 4.11% to 43.57%. In conjunction with the new capital the bank intends to issue special dividend-preference shares and one special voting-preference share with veto rights to the government, along with 46.15 million general dividend-preference shares priced at HUF 100 per share.
Posted Fri, 14/11/2008 - 01:00
Belgrade-based publishing house that issues Blic, 24sata and Alo! has been sold by Vienna Capital Partners to Swiss majority stakeholder Ringier. The deal includes a transfer of 25.1 percent of shares to Ringier. Further details of the transaction have not been revealed.
Posted Mon, 10/11/2008 - 01:00
Vienna Capital Partners has announced it will acquire a 38 percent stake in Kapsch Telematic Services s.r.o., a Czech toll operator. The Austrian-based financial investor teamed with UniCredit CA-IB in a share purchase transaction to acquire the minority stake.
Posted Fri, 25/04/2008 - 00:00
VCP, through its local unit VCP Finanz Kft., acquired 10.33% of FHB Jelzálogbank Nyrt.
Posted Tue, 08/04/2008 - 00:00
Vienna Capital Partners increased its stake in NCL Media Grupa to 75%. The transaction was co-financed by the South-German publisher DDr. Alex Diekmann as a private investment.
Posted Thu, 01/03/2007 - 01:00
VCP Capital Partners, through its subsidiary CE Oil & Gas Beteiligung und Verwaltung AG, exited its entire stake of 31.56% in Tiszai Vegyi Kombinát Nyrt to Mayfair Investcorp. Ltd.
