Croatia’s INA Oil Company Shares’ Prices Increase as Austrian OMV Shows Interest in Purchasing Shares
June 3rd, 2008
Zagreb, June 3 (CP) — The news of the Hungarian MOL and Austrian OMV being interested in purchasing INA oil company shares, the price of the INA and HT shares had increased on the Zagreb Stock Exchange by 6.95 and 3.52 percent, respectively.
There is speculation that OMV might offer a cash payment.
The government is planning to exchange between 14 and 19 percent of INA shares with those of MOL, as well as seven percent of shares owned by the state-owned Veterans’ Fund.
News Info: News in Business, Tagged: INA oil company
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