ELF GROUP BUYS E. GERMAN R&M ASSETS
A Franco-German group led by Ste. Nationale Elf Aquitaine has signed a final agreement to acquire the Leuna and Zeitz refineries and Minol service station network in eastern Germany. The final agreement caps an agreement in principle signed in January with Treuhandanstalt, charged with privatizing assets of the former East German state (OGJ, Jan. 27, p. 28). Elf's partners are Germany's Thyssen Group and SB-Kauf.