As expected the Cabinet approved yesterday a plan to take over the CZK 1.14bn loan of Benzina, a fuel retailer owned by Unipetrol, which would be assumed by the state bailout agency, the CKA. The state will than offer its 63% stake in Unipetrol together with the receivables of CKA towards some Unipetrol subsidiaries (including Benzina) of more than CZK 4bn.
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