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Unipetrol to Analyze Buying ENI's Stake in Ceska Rafinerska

Posted by May 7, 2014

Czech oil company Unipetrol will analyze whether to acquire a minority stake in its own Ceska Rafinerska unit once it receives an offer from Italy's ENI, the current owner of the stake, Unipetrol's owner said on Wednesday.
 


Hungarian oil and gas group MOL has said it agreed to buy Eni's Czech, Slovak and Romanian units.
 


The deal could include Eni selling its minority stake in Ceska Rafinerska to MOL. However, Unipetrol, which is owned by Polish firm PKN Orlen, has the right of first refusal on any shares that come up for sale.
 


"Unipetrol will be analyzing this project as soon as it gets the formal offer from ENI," PKN Orlen said in an emailed statement to Reuters.

 

(Reporting by Marcin Goclowski; Editing by Christian Lowe)

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