Hungarian oil and gas group MOL will launch talks with several investors on the sale of stakes in its gas units after receiving bids for the firms, MOL said.

MOL said it received “a sufficient number” of valid bids for the stakes, without disclosing the names of bidders.
“After considering and analyzing the bids, MOL decided on launching simultaneous talks with several investors so as to reach agreements by the end of the year on the partial sale of the gas units,” it said.