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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 |
BUDAPEST--Central European oil and gas company MOL Nyrt. (MOL.BU) has signed a deal with it s Italian peer ENI SpA (ENI.MI) to buy the company's subsidiaries in the Czech Republic, Slovakia and Romania including fuel stations and a stake in a refinery, MOL said Wednesday.
The deal involves 208 Agip gasoline stations and a 32.44% equity stake in Czech refinery Ceska Rafinerska, but the Czech gas company Unipetrol AS (BAAUNIPE.PR), the majority owner of Ceska Rafinerksa, has preemptive rights on the stake, MOL said.
The ENI deal also involves the wholesale business and regional headquarters in these three countries. The agreement is subject to competition authority clearance.
Earlier, Polish oil company PKN Orlen SA (PKN.WA) was also in contact with ENI over acquiring the stake in Ceska Rafinerska. Neither Orlen, nor Unipetrol were immediately available to comment.
(Marcin Sobczyk in Warsaw contributed to this article.)
Write to Veronika Gulyas at veronika.gulyas@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Mol Magyar Olay Es Gazip... (PK) Chart |
1 Month Mol Magyar Olay Es Gazip... (PK) Chart |
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