News Headline Summary

Neste Oil (NES 1V FH) signs agreement to sell its retail stations in Poland to Shell (RDSA LN)

Says:
- Transaction is valued at approx. EUR 80mln of which around EUR 50mln will be recorded as a capital gain by Nestle Oil.
- Transaction expected to be closed during the first half of 2013

Reaction details:

- Neste Oil shares moved up 1.3% in immediate reaction to the news, currently trades at EUR 9.67

Print 13:05, 13 Dec 2012 - European Equities - Source: Newswires