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BUSINESS BRIEFS

MOL increases stake in Slovnaft

THE ANTIMONOPOLY Office has approved a request by Hungarian company MOL to almost double its stake in oil refinery Slovnaft to 67.8 per cent.

The firm is buying 31.6 per cent of Slovnaft from two Slovak companies, Slovintegra and Slovbena, for a combined total of $85 million (80 million euro) and 10 per cent of MOL shares.

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