MOL Makes Public Tender Offer for Petrochemical Firm TVK Shares
January 13 2015 - 2:13PM
Dow Jones News
BUDAPEST--Hungary-based central European oil and gas firm MOL
Nyrt. (MOL.BU) made a voluntary public tender offer on
petrochemical works TVK Nyrt.'s shares on Tuesday, the company
announced in a stock exchange filing Tuesday.
MAIN FACTS:
- TVK is 94.86% owned by MOL Nyrt.
- The offer was made at HUF4,984 ($18.4).
- UniCredit Bank Hungary Ltd is the lead manager and Equilor
Investment Ltd. is acting as a co-lead manager.
- The National Bank of Hungary in its capacity as financial
supervisory authority has yet to approve the offer.
Write to Veronika Gulyas at veronika.gulyas@wsj.com; Twitter:
@VeronikaGulyas1
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