Hungary - Dentons has advised GDF SUEZ in the sale of its 99.9% stake in its universal service gas trading company in Hungary, GDF SUEZ Energia Magyarorszag Zrt., to state-owned gas distributor Fogáz Zrt.

“We are very proud to have had the opportunity to support GDF SUEZ in this transaction.” commented Anita Horváth, lead partner on the deal. “This deal is a great example of Dentons’ ability to liaise at the highest level with major multinationals, while capitalizing on local ties, and deep understanding of the domestic regulatory and business landscape."

The Dentons team in Budapest was led by Partner Anita Horváth, supported by Counsel Balázs Fazekas and Associates Balázs Várszeghi, Tünde Gönczöl, Márton Kertész, and Trainee Associate Eszter Fodor.

The Budapest team recently joined Dentons with the addition of some 50 partners, associates and other professionals from White & Case, significantly strengthening the firm’s legal services offering in Hungary, as well as in Central and Eastern and South-eastern Europe. The new team's arrival has made Dentons Budapest one of the largest and most experienced M&A teams in Hungary.