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Royalton Capital Investors sells Ella Bank to AXA

20 Mar 2007

Royalton Capital Investors, a private equity fund focused on making investments in the CEE region, has sold together with the management and EDHI, a company affiliated with the management of Ella Bank, 100 per cent of Hungarian retail bank Ella Bank and its affiliates, Ella Kft and Ella Services Romania, to AXA Holdings Belgium, an AXA Group subsidiary.

 

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