The government of Croatia has selected a consortium of Morgan Stanley, Intesa Sanpaolo and Privredna Banka Zagreb to advise on a potential buyout of Hungarian oil and gas company MOL’s stake in Croatian energy company INA, local newspapers have reported.
MOL owns 49.1% of INA, while Croatia’s government has 44.8%.
MOL purchased its stake from the Croatian government in 2009.
Talk to us
Natural Gas Daily welcomes your comments. Email us at firstname.lastname@example.org.