By Veronika Gulyas
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