PIE-TICKER
Unipetrol sale to PKN Orlen imminent
The official transfer of the 63% stake owned by the Czech state in Unipetrol (www.unipetrol.cz), Prague, to Polish polyolefins group PKN Orlen (www.orlen.pl), Plock, is to take place within the next few days. Orlen will pay EUR 417m for the Unipetrol stake, along with a 10% share of PVC producer Spolana, (www.spolana.cz), owned to 80% by Unipetrol. EU competition authorities still must approve the deal.
15.06.2004 Plasteurope.com [12916]
Published on 15.06.2004