News:Argos:Hungary's MOL on negative watch on expected bid for Croatia's INA stake - SandP

The translation will be webified

MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said it placed MOL Hungarian Oil and Gas firm Plc's 'BBB-' long-term corporate credit rating (CCR) on negative watch citing the company's intention to launch an offer for 30 percent shares of Croatian oil company INA that are not held by the Croatian government, while also negotiating acquiring a further INA stake from the government.




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