The Hungarian Mol, one of the three short-listed bidders in the Unipetrol privatization (PKN Orlen and Royal Dutch/Shell are the others), said yesterday it has still not decided whether it would submit a binding bid for the state's 63% stake. Unipetrol would be important for Mol due to its links to the Slovak Slovnaft, Mol's most recent acquisition, though Mol is strong enough even without Unipetrol, the company said. Source: CTK. Note that Mol has reportedly submitted the lowest indicative bid out of the three bidders; binding bids should be submitted by mid-April.
Jan Hájek, Patria Finance