Mergers & Acquisitions Mergers & Acquisitions

PKN Orlen offers new remedies in bid for EU approval of Lotos deal

By Andrew Boyce
  • 26 May 2020 04:23
  • 26 May 2020 04:30
PKN Orlen has again offered to amend its plan to buy rival Polish oil refiner Lotos, in a bid to win EU approval for the deal.

The remedy offer triggered a 15-working-day extension to the European Commission’s review deadline, which is now July 22. 

PKN Orlen submitted the new concessions yesterday, according to

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Andrew Boyce

Correspondent


Andrew is a reporter covering merger reviews and competition policy for MLex in Brussels. He joined MLex in 2015 and holds a degree and a master’s degree in history from the University of Liverpool.

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