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MGYOY Mol Magyar Olay Es Gazipari Rt (PK)

3.828
0.068 (1.81%)
08 Aug 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Mol Magyar Olay Es Gazipari Rt (PK) USOTC:MGYOY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.068 1.81% 3.828 3.75 3.93 3.93 3.75 3.82 20,875 20:59:33

MOL Announces Agreement to Buy 124 Fuel Stations in Czech Republic

03/07/2012 5:04pm

Dow Jones News


Mol Magyar Olay Es Gazip... (PK) (USOTC:MGYOY)
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BUDAPEST--Hungarian oil company MOL Nyrt. (MOL.BU) announced Tuesday an agreement to buy a total of 124 gasoline stations in the Czech Republic from Bohemia Realty Company sro. and Pap Oil Cerpaci Stanice sro.

MAIN FACTS:

- MOL Nyrt. announces agreement to buy 124 gasoline stations in the Czech Republic

- Fuel stations currently operated under Pap Oil brand

- The number of MOL Group's retail stations will rise to 149 in the country

- Acquisition in line with strategy to improve presence in radius of refineries, MOL says

- Transaction is subject to conditions, including regulatory clearance

- MOL closes up 1.6% or HUF265 at HUF16695 Tuesday.

Write to the Budapest Bureau at budapest@dowjones.com

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