Slovnaft AS (BSSE:1SLN01AE) and Magyar Villamos Muvek Zrt. have drops out of the race to acquire Slovenské Elektrárne A.S. Slovnaft and Magyar have decided they will no longer pursue the acquisition of 66% stake in Slovenské from Enel SpA (BIT:ENEL), Sandor Fasimon, chief operating officer, said. "Just a few days ago, we told ENEL that the consortium of Slovnaft and MVM could not proceed further in the process started to acquire ENEL's 66% stake on the basis of the earlier announced conditions," he said.