Unipetrol – the company will offer its stake in Ceska Rafinerska to IOC

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Investiční bankovnictví KB

      Board of Directors of Unipetrol approved an offer to sell its stake in Ceska Rafinerska on its meeting on 9 June. The offer is related to shareholder agreement in Ceska Rafinerska, which gives IOC right to buyout Unipetrol from Ceska Rafinerska in case of changes in shareholder structure in Unipetrol. The offer has to be approved by Unipetrol’s Supervisory Board on its meeting on 11 June.

       According to the latest news, if IOC decides to exercise the option it could have a negative impact on privatization revenues and consequently on minority shareholder buyout. Therefore, IOC’s decision would be closely followed by the market.

      Tyto zprávy pro vás vytváří Investiční bankovnictví KB.