The Hungarian MBH Bank has closed the acquisition of an 80% stake in real estate broker Otthon Centrum from a unit of Biggeorge Holding, the lender said in a disclosure on the website of the Budapest Stock Exchange after the closing bell on Wednesday.
MBH Bank, Hungary's second-biggest commercial lender, initially announced the acquisition in November. It said the remaining 20% stake in Otthon Centrum was expected to be acquired in 2028, if certain conditions were met.
Otthon Centrum has over 200 offices around the country, along with 1,400 brokers and 500 financial advisors.
With regard to the Transaction, the merger control procedure has been completed, and the Hungarian Competition Authority issued a clearance certificate on December 19, 2025 that there were no circumstances requiring an investigation in relation to the merger notification.
Based on the contents of the official certificate and following the establishment of the post-closing corporate structure, the seller and the buyer executed the Transaction on January 21, 2026. The Buyer paid the purchase price and the Seller transferred the Business Share specified in the business share purchase agreement, the statement highlighted.
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