The offer values Unipetrol at 68.9 billion crowns ($3.2 billion). Polish refiner PKN Orlen is on track to take full control of its Czech unit Unipetrol after minority shareholder Paulinino accepted its buyout bid of CZK380 ($17.53) per share and sell its entire 20% stake in Unipetrol. That will increase Orlen’s stake in the Czech refiner to 83%. The deal also includes a cash payment for all outstanding debt owed by Unipetro, which was acquired from Petrobras in 2009. , it said on 13 December.
Polish refiner PKN Orlen is on track to take full control of its Czech unit Unipetrol after minority shareholder Paulinino accepted its buyout bid of CZK380 ($17.53) per share and sell its entire 20% stake in Unipetrol. That will increase Orlen’s stake in the Czech refiner to 83%. The deal also includes a cash payment for all outstanding debt owed by Unipetro, which was acquired from Petrobras in 2009. , it said on 13 December.