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...