PKN will decide by 20 November if it will bid for Unipetrol alone or within consortium

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Investiční bankovnictví KB

      Polish company PKN Orlen announced that it will decide by 20 November if it will take part in privatization of Unipetrol alone or as a member of consortium. The company negotiates with Czech Agrofet and Hungarian MOL. PKN signed a letter of intent with Agrofert in May 2003 and discussions with MOL are related to parallel negotiations about merger of the two companies.

       Possible consortium consisting of these three companies would become strong player, which would be one of the hottest candidates in privatization of Unipetrol. However, reaching an agreement with MOL will depend on progress of the merger talks.

      Tyto zprávy pro vás vytváří Investiční bankovnictví KB.