OFAC grants MOL a license to begin the acquisition of NIS.
The US Treasury's OFAC issued an additional license to MOL and MOL Serbia Investment Kft. The permit relates to the potential acquisition of ownership in NIS.
- The OFAC license does not cover the completion of a transaction ending Russian ownership in NIS.
- The Hungarian MOL company received an additional license from the US Treasury's OFAC.
- The license authorizes transactions for transferring Russian-issued securities to MOL Serbia Investment Kft.
- Hungarian Foreign Minister Anita Orban said Hungary expects an agreement on the Russian stake in NIS by December 11.
Outlets: Danas, Dnevnik.bg, Interfax, Mediapool.bg, N1 BiH, N1 Hrvatska, N1 Srbija, Vreme
Written by AI from the outlets' reporting and checked automatically; it can contain mistakes. How Daily Brief works · Privacy