Orlen to acquire the remaining 9.1% stake in ENERGA for $189m.

Synopsis

Orlen, a Polish multinational oil refiner, petrol retailer and natural gas trader, agreed to acquire the remaining 9.1% stake in ENERGA, a Polish corporate group which deals in the generation, distribution, and supply of electricity in Northern Poland, for $189m.

Principals

target

Energa

bidder

Pkn Orlen

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Market Context