Appeninn Vagyonkezelo Holding Nyrt (BUSE:APPEN) acquired Milton Hitelezési Zrt. from Wallis Asset Management Zrt. for approximately HUF 150 million on October 21, 2016. Appeninn satisfied the consideration by issuing 0.65 million shares of Appeninn Vagyonkezelo. Post-completion, Milton Hitelezési will continue to operate under the name of AppeninnCredit Hitelezési. The National Bank of Hungary has approved the acquisition. Appeninn Vagyonkezelo Holding Nyrt (BUSE:APPEN) completed the acquisition of Milton Hitelezési Zrt. from Wallis Asset Management Zrt. on October 21, 2016.