MOL increases Slovnaft holding

The Hungarian MOL refinery took an additional 31.6 per cent of shares in the Slovak Slovnaft refinery on Sunday to become a 67.8 per cent Slovnaft owner. The transaction, worth $360 million and including a transfer of 10 per cent of MOL shares to former Slovnaft owners Slovintegra and Slovbena, was a follow-up to MOL’s capital entry of Slovnaft in 2000.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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