Two bidders that are conducting due diligence in Unipetrol (reportedly PKN Orlen and Mol) are still dissatisfied with the content and range of the information provided in the data room, mostly concerning Ceska rafinerska's (Unipetrol holds 51 %) operation and mid-term business plan, the intra-group prices among subsidiaries, etc. The National Property Fund will reportedly meet Unipetrol's management to pressure Unipetrol into providing more information. Source: Euro weekly.
The due diligence should be reportedly finished by April 2.
Jan Hájek, Patria Finance