On 14 July 2020, the European Commission (the “Commis‐ sion”) conditionally approved PKN Orlen’s acquisition of rival Grupa Lotos (“Lotos”) after a Phase II investigation. The parties are large Polish oil and gas companies active in Poland and in a number of other Central European, East‐ ern European and Baltic countries. The
The EU Commission clears an oil and gas merger after a Phase II investigation (PKN Orlen / Lotos)
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