Tag: buyout

Still no contract with possible INA buyout advisors – Croatia, 19 November 2018

In April, the Croatian Government selected a consortium of Morgan Stanley, Intesa Sanpaolo and Privredna Banka Zagreb (PBZ) who will act as an advisor in the possible buyout of the shares of Hungarian MOL in Croatian oil company INA. However, the contract with the advisors has not been signed yet. Full article available for subscribers […]

MOL is ready to sell its shares in INA – Croatia, 08 October 2018

CEO of Hungarian oil and gas company MOL Zsolt Hernadi said that the company is ready to sell its shares in the Croatian national oil company INA if that is what the Croatian Government wishes. Hernadi noted that since MOL entered INA in 2003, it managed to cut the company’s operational costs by Full article […]

INA management change should not affect talks with MOL – Croatia, 13 April 2018

Croatian Minister of Economy Martina Dalic and Minister of Finance Zdravko Maric said that the departure of Zoltan Aldott from the position of INA’s CEO should not affect the talks between the Croatian Government and Hungarian oil and gas company MOL on the possible buyout of MOL’s stake in INA. Minister Dalic said that MOL […]