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Front-door

30 March 2009 By Una Galani

Austrian OMV s attempt to take over Mol last year was rebuffed. The Hungarians feared the Austrians would sell out to Russia. But Russia s Surgutneftegas has snapped up OMV s 21% stake in Mol for E1.4bn a 93% premium to the market. That leaves Mol even closer to the Kremlin.

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