US gives Hungary’s MOL more time for talks to buy Serbian oil firm NIS
ATHENS, June 6 (Reuters) – Hungary’s largest oil and gas corporation, MOL MOLB.BU, has been granted more time by the U.S. government to negotiate the purchase of a majority stake in Serbia’s NIS NIIS.BEL, an oil company controlled by Russia, MOL said late on Saturday. The deal involves buying a 56.16% stake held by Russia’s Gazprom Neft (SIBN.MM) in NIS. NIS is subject to U.S. sanctions imposed in October over […]