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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Eni Spa | BIT:ENI | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.138 | -0.90% | 15.136 | 15.11 | 15.20 | 15.438 | 15.116 | 15.344 | 8,355,224 | 17:00:00 |
Hungarian oil and gas firm MOL Nyrt. (MOL.BU) is set to acquire gas stations in the Czech Republic from Italy's ENI SpA (E), becoming the second-biggest player in this market, Czech daily Hospodarske Noviny reported Wednesday, without citing sources.
MOL will exchange its refinery in Mantova, Italy--which it has been planning to close because of an unfavorable economic environment--for the filling stations, the daily added.
MOL declined to comment.
The Hungarian oil firm already owns 24 Slovnaft and 125 Pap Oil gas stations in the country. With the acquisition of 124 Agip gas stations from ENI, MOL will become the second-biggest operator in the retail vehicle-fuel market in the Czech Republic, with a 10% market share, the daily said.
The Czech Republic's biggest fuel retailer is Czech Benzina with 340 filling stations.
Newspaper website: http://byznys.ihned.cz/zpravodajstvi-cesko/c1-62069790-madari-kupuji-sit-agip-v-cesku-benzinka
Write to the Budapest Bureau at budapest@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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