What did MOL announce regarding its acquisition talks with Serbia's NIS and the US Treasury Department?

MOL announced that it received an extension from the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) to complete negotiations on acquiring a stake in Serbia-based NIS; the original June 6 deadline was extended to June 16, and MOL stated that 'negotiations have progressed materially' and the extension allows for 'the finalization of transaction documentation.'

How does MOL's planned acquisition of a stake in NIS relate to U.S. sanctions?

The acquisition would help relieve NIS from U.S. sanctions imposed over its Russian ownership, as indicated by MOL’s statement in its stock market filing.

Hungary's MOL Says It Got US Extension to Complete NIS Stake

Jun 6, 2026

Hungarian refiner MOL secured a US Treasury extension to finalize its acquisition of a stake in Serbia's NIS, pushing the deadline to June 16. The transaction aims to relieve NIS from US sanctions imposed due to its Russian ownership.

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