Klesch group said to be interested in INA
Klesch Group is doing due diligence in Croatian oil company INA, controlled by its Hungarian peer MOL, international news portal Bloomberg reported late Wednesday, quoting two unnamed individuals with knowledge of the matter.
Geneva-based Klesch, which has units producing and trading oils, metals and chemicals, has expressed interest to MOL about buying its 49.08% INA stake, according to the people, who asked not to be identified as the information is not public, Bloomberg added.
Klesch "has no comment at this time," spokeswoman Stacie Bowers said by e-mail from London in response to questions from Bloomberg. MOL Chief Financial Officer Jozsef Simola confirmed interest from a number of companies, declining to name them, in an interview with CNBC earlier this week. While MOL considers offers for the unit, its primary option is a negotiated agreement with the Croatian government, Simola said.
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