Mol Nears Deal to Buy Gazprom Stake in Sanctioned Serb Refinery

Hungarian energy company Mol Nyrt. is closing in on the takeover of Serbia’s sole refinery as US sanctions force Russia’s Gazprom Neft PJSC to sell its majority stake.

By Misha Savic, Marton Kasnyik · Bloomberg Markets

Hungarian energy company Mol Nyrt. is closing in on the takeover of Serbia’s sole refinery as US sanctions force Russia’s Gazprom Neft PJSC to sell its majority stake.