Agrofert is again suing PKN for CZK17.3bn for damages resulting from not fulfilling agreements relating to Unipetrol’s privatization; i.e. the sale of Agrobohemie, Aliachem, Chemopetrol and Kaucuk to Agrofert.
Our view: It is the fourth court file from Agrofert with limited impact on Unipetrol. Therefore, we do not see the news as relevant for trading with Unipetrol’s shares.