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EC approves Polish oil and gas firm's takover of rival group

June 20th, 2022

The European Commission (EC) has given the final green light to the takeover by Poland's dominant oil and gas company, PKN Orlen, of its rival the Lotos Group. The announcement was made by PKN Orlen on Monday. Having approved the contracts agreed upon with the buyers, the EC has approved the takeover, PKN Orlen wrote in a statement.


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