Magyar Government Targets Thousands of Billions in Orbán-Era Private Equity Deals
4 Articles
4 Articles
Magyar government targets thousands of billions in Orbán-era private equity deals
The Tisza government is reviewing contracts worth thousands of billions of forints involving companies linked to private equity funds. Continue reading: https://dailynewshungary.com/magyar-govt-orban-era-private-equity/
Private equity firms are increasingly failing in public tenders due to transparency rules that came into effect in July. The question is whether the tightening will reach the biggest "bite", the 35-year highway concession valued at HUF 24 trillion.
After a few high-profile cases, the government may also crack down on highway concessions due to new transparency rules for private equity funds.
All contracts – such as the 35-year highway concession – that the Hungarian state previously concluded with private equity firms could be at risk. The post Private equity funds in crosshairs: a showdown of thousands of billions has begun first appeared on 24.hu.
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