Lukoil hopes to receive at least 200 million euro from deals on sale of distribution assets in Slovakia, the Czech republic and Hungary
Edited by Rhod Mackenzie / 2014-11-27 04:02:30
"Groups signed agreements with Slovnaft Esk Republica, Spol. S.r.o. and Norm Benzink Kft for the sale of 100% stake of the group in LUkoil Slovakia, Lukoil Hungary and Lukoil the Czech Republic. The transaction price consists of two parts: fixed amount of about 100 million euro and a variable depending on the amount of the working capital of these companies at the date of completion of the transaction and being subject to a number of adjustments,"- the report notes.
