Croatian Government May Decide To Exchange 14 Percent of INA Shares for those of Hungarian MOL

Zagreb, May 29 (CP) – There are indications, writes Zagreb’s Jutarnji List daily that the Croatian government is thinking of exchanging some 14 percent of INA oil company shares from its portfolio with Hungarian MOL’s shares.

This will allow MOL control of more than 40 percent of INA shares.

The agreement on this is to be worked on by deputy PM Damir Polancec and to be fully brokered with the help of lawyers.

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