Magyar Takarékszövetkezeti Bank Zrt. made a bid to acquire incremental 51% stake of Takarék Kereskedelmi Bank Zrt. from Takarék Jelzálogbank Nyrt. (BUSE:TAKAREKJZB) on July 25, 2019. Takarék Mortgage Bank has called a general meeting for August 27, 2019 where shareholders will likely accept the buyout offer. Magyar Takarékszövetkezeti Bank Zrt. completed the acquisition of incremental 51% stake of Takarék Kereskedelmi Bank Zrt. from Takarék Jelzálogbank Nyrt. (BUSE:TAKAREKJZB) for HUF 32 billion on October 29, 2019.