We have unique experience in conducting public and private transactions for international and domestic institutional and private investors. In the 1990s, we participated in almost every major Budapest stock exchange listing and share sales, including several transactions of MOL, TVK, Borsodchem and Magyar Telekom.

Following the big wave of stock market privatization, we have been a leading organiser of successful mid-term stock market launches of recent years, including the public offering of Duna House, FHB Jelzálogbank and the State Printing House, as well as conducting a public bid for the shares of Danubius Hotels Nyrt. As our latest reference, we have prepared an independent expert opinion on the public bid of E.On Hungária Zrt., commissioned by ELMŰ Nyrt. and ÉMÁSZ Nyrt. During the transaction, we represented the Board of Directors of the two companies in assessing the transaction offered by E.On.

The listing of a company on the stock market and the sale of its shares on the capital market generally brings about significant changes in the life of the company and its owners, so it requires serious preparation. Owners should be prepared to establish relationships with listed investors as shareholders, to manage the company transparently, and to provide investors regularly with information. The transaction also requires an “investment story” showing an attractive investment opportunity and, if fresh capital is involved, a detailed investment plan should be prepared. You need to find the right transaction structure, the right time, and then the widest possible range of interested investors to provide the company with the optimal ownership structure and the best possible selling price.