MOL receives OFAC license for preparatory transactions in potential NIS acquisition

Bitget2026/11/05 10:21

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MOL received an additional OFAC license for preparatory transactions related to its potential acquisition of a stake in NIS.
The license covers transferring Russian-issued securities to MOL Serbia Investment, including obtaining required Russian government approvals.
The license is valid until February 28, 2027.
Completion of the transaction to divest Russian ownership and control in NIS requires separate OFAC authorization.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MOL plc published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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MOL receives OFAC license for preparatory transactions in potential NIS acquisition

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