Hungary Pays 2.7Bln for Surgut's Mol Stake

25th May 2011, Comments 0 comments

Hungary bought Surgutneftegaz's 21.2 percent stake in Mol Nyrt for 1.88 billion euros (2.65 billion), thwarting what Mol management termed a "creeping takeover" of the country's largest refiner by the Russian oil producer.

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