Vienna Capital Buys FHB Nyrt

Vienna Capital Partners, an Austria-based private equity firm, has agreed to acquire an additional 9.5 percent interest in Hungarian bank FHB Nyrt from HSBC. The deal is conditional on authorities granting VCP permission to hold more than a 15 percent of FHB, which specializes in mortgage lending. The transaction would bring VCP's stake in FHB to 19.3 percent.