GLOBAL co-ordinators Credit Suisse First Boston, Merrill Lynch and Creditanstalt this week defied extremely turbulent equity market conditions to complete the landmark $773.8m flotation of Matav, Hungary's national telecoms operator. The deal marks the largest share offering yet from central and eastern Europe, by a margin of some $250m, and represents the first listing by a Hungarian company on the New York Stock Exchange.
November 14, 1997