Petrolinvest pays $512 Million in Kazakhstan Expansion

14.01.2008
    Polish oil company Petrolinvest PROL.WA signed preliminary all-share deals worth $512 million to expand its presence in the potentially lucrative Kazakhstan oil market, sending shares up as much as 7 percent on Friday.     If completed, the preliminary deal will dilute the controlling stake of the controversial Polish tycoon Richard Krauze, who...