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NK Lukoil OAO signs deal to sell Odessa refinery-Interfax


Monday, 4 Mar 2013 07:05am EST 

Interfax reported that NK Lukoil OAO signs deal to sell Odessa refinery MOSCOW. March 4 (Interfax) - Lukoil (RTS: LKOH) and VETEK Group have signed an agreement on the purchase and sale of the public joint-stock company PAO Lukoil - Odessa Refinery, Lukoil said in a statement. As a result of the transaction, VETEK Group will acquire 99.6% of the refinery's stock. The deal is expected to be closed before June 1, 2013, after the parties fulfill a number of conditions precedent. The decision to sell was taken by Lukoil within an approved plan of international refining assets restructuring. 

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