MOSCOW - Lukoil plans to sell a filling station chain in the Czech Republic, Slovakia and Hungary for over 100 million euro, the company said in its earnings report.
The sale price will have two components: a fixed sum equal to nearly 100 million euro and a variable sum based on the working capital of assets on the closing date.
Lukoil earlier signed an agreement with MOL Plc and Norm Benzinkut Kft on sale of assets in those three countries.
The sale might close before the end of 2014, but a number of preliminary terms must be met first, the report says.
