Mol Heads for Biggest Gain in 2 Months on Offer to Buy Ina Stock

Mol Nyrt. shares rallied, heading for their biggest daily gain in two months, after the largest oil refiner in Hungary offered to buy the outstanding shares of its Croatian unit Ina Industrija Nafate d.d.

Mol advanced 3.5 percent to 19,190 forint at 9:54 a.m. in Budapest. A close at that level would be its biggest increase since Sept. 30. The country’s main BUX index was up 1.3 percent.

To contact the reporter on this story: Krystof Chamonikolas in Prague at kchamonikola@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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