MOL Announces Agreement to Buy 124 Fuel Stations in Czech Republic
04 July 2012 - 2:04AM
Dow Jones News
BUDAPEST--Hungarian oil company MOL Nyrt. (MOL.BU) announced
Tuesday an agreement to buy a total of 124 gasoline stations in the
Czech Republic from Bohemia Realty Company sro. and Pap Oil Cerpaci
Stanice sro.
MAIN FACTS:
- MOL Nyrt. announces agreement to buy 124 gasoline stations in
the Czech Republic
- Fuel stations currently operated under Pap Oil brand
- The number of MOL Group's retail stations will rise to 149 in
the country
- Acquisition in line with strategy to improve presence in
radius of refineries, MOL says
- Transaction is subject to conditions, including regulatory
clearance
- MOL closes up 1.6% or HUF265 at HUF16695 Tuesday.
Write to the Budapest Bureau at budapest@dowjones.com
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