AKKO Invest Nyrt. (BUSE:AKKO) agreed to acquire NEO Property Services from WING Zrt. for HUF 18.5 billion on September 7, 2020. AKKO Invest Nyrt. plans to finance the transaction from its own financial sources and bank loans. As on December 31, 2019, NEO Property Services generated total revenue of HUF 23.3 billion and EBITDA of HUF 1.5 billion. The transaction is subject to approval of offer by acquirer shareholders.