Unipetrol - PKN Orlen will bid for Unipetrol alone

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Investiční bankovnictví KB

      Polish PKN Orlen announced that it will submit preliminary bid for privatization of Unipetrol alone by deadline 12 January. It will negotiate with potential partners to create a consortium later. PKN Orlen alredy earlier agreed with Czech Agrofert on co-operation. We still expect forming of strong consortium consisting from PKN Orlen, MOL and Borsodchem.

       Until 12 January, the investors have to submit preliminary bids for privatization of the company. Given the fact Unipetrol’s share price has been driven up by expectations of buyout after the company’s privatization is completed, the company’s shares will react very sensitively to any news about preliminary offers that would leak to the market.

      Tyto zprávy pro vás vytváří Investiční bankovnictví KB.