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Provider: MacroRisk Analytics/EconomicInvestor
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PKN Orlen talks to buy from Eni 32 pct stake in Ceska Rafinerska-Reuters

Monday, 14 Apr 2014 07:33am EDT 

Polski Koncern Naftowy Orlen SA:PKN Orlen is in talks to buy Italian firm Eni SpA's stake in Czech Republic's sole refiner Ceska Rafinerska - Reuters.Sale of Eni's 32.4 pct would give local PKN Orlen unit Unipetrol full ownership of Ceska Rafinerska after it also bought 16 percent stake from Shell for $27 million.Eni to negotiate with PKN Orlen on conditions to exit Ceska Rafinerska. 

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