PKN Orlen buys 53.7% stake in Baltic refinery for $1.5 Billion
15.12.2006
Thursday for $1.49 billion, a spokesperson for the seller, Russia's Yukos, said Thursday.
PKN Orlen, the largest petroleum product retailer in Poland and Central Europe, signed an agreement in May to buy the stake from Yukos International UK B.V., a UK-based subsidiary of bankrupt Russian oil company Yukos.
With the stake, the...