MOL Received an OFAC License to Conduct Preparatory Activities Related to the NIS Takeover Process
11 Articles
11 Articles
The Office of Foreign Assets Control (OFAC) of the United States Treasury Department issued to the companies MOL and MOL Serbia Investment Kft. additional license in connection with the potential acquisition of an ownership stake in the company NIS a.d. Novi Sad.
MOL Has Received a Licence for Preparatory Transactions as Part of the Buyout of a Share in the NIS.
The Hungarian MOL obtained an additional U.S. OFAC licence to carry out preparatory transactions as part of the acquisition of shares of the Serbian NIS energy company (part of Russia's Gazprom Oil), a new licence valid until 28 February 2027, reported to MOL.
The Office of Foreign Assets Control (OFAC) has issued an additional license to MOL and MOL Serbia Investment Kft., valid until February 28, in connection with the potential acquisition of an ownership stake in NIS a.d. Novi Sad, MOL Group announced.
MOL may negotiate the acquisition of NIS until the end of February instead of mid-December.
Table of contents: 1. CURRENT REPORT 2. ESAP METADATA 3. MESSAGE (ENGLISH VERSION) 4. INFORMATION ABOUT THE ENTITY 5. SIGNATURES OF PERSONS REPRESENTING THE COMPANY List of attachments: 102_MOL_ofac execution_20261105_eng.pdf td.td-text, th.td-text...
The Office of Foreign Assets Control of the US Department of the Treasury (OFAC) issued to the companies MOL and MOL Serbia Investment Kft. an additional license in connection with the potential acquisition of an ownership stake in the company NIS a.d. Novi Sad (NIS). The license authorizes certain transactions necessary for the transfer of securities issued in Russia to MOL Serbia Investment Kft. and related [...]
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium








