Name: PKN all-in: Poland's quest to create a national champion
Brand: Wood Mackenzie
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Author: Wood Mackenzie

Insight 17 July 2020

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More than two years on from announcing its intention to purchase the Polish State Treasury’s shareholding in rival company Grupa LOTOS, PKN Orlen has received the green light from the European Commission (EC) for the takeover. However, the consent, which follows an in-depth investigation, comes with several conditions. Although the majority of these should be fairly simple to meet, the merger may hinge on PKN's ability to find a buyer for the 30% stake in the Gdansk refinery.</div>
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<li class="list__item-toggle font-semibold">
        Refining – a good deal for PKN
    </li>

<li class="list__item-toggle font-semibold">
        Refinery profitability
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<li class="list__item-toggle font-semibold">
        Fuels retail - relinquishing forecourts but not control
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        Summary
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<p class="font-regular" >PKN all-in: Poland's quest to create a national champion</p>
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