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ÁPV calls tender to organize sale of remaining Mol shares

The State Privatisation Holding Rt (ÁPV) has invited four bidders to organise the sale of the remaining 1.7% state-owned stake in oil and gas company MOL Rt. The ÁPV did not name the four companies in its announcement.

On May 8, ÁPV sold a 10% of its Mol stake to Mol for almost Ft 240 billion. APV said earlier it would sell its remaining 1.7% stake in the company to domestic small investors.

The sale may take place in one or several stages, the ÁPV said. The first phase must involve a domestic public "capital market-like" sale, after which the shares will be sold either through a domestic public offering or through the stock exchange. (Econews)