Grupa Azoty closer to foreign takeovers – paper

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Poland’s largest chemical firm Grupa Azoty is in talks on possible acquisitions in Slovenia, Spain, the Czech Republic and the US, according to sources quoted by Rzeczpospolita.

Potential targets include Czech firm Agrofert and Melamin from Slovenia, the sources claim.

Talks in European markets are difficult, so the US acquisition may be concluded sooner, possibly in 2015, one of the sources was quoted as saying.

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