Orlen closer to full Unipetrol takeover

The largest minority shareholder of Czech Unipetrol, Paulinino will sell its stake to WSE-listed fuel giant PKN Orlen, the company said. Paulinino, which owns 20 percent stake in Unipetrol decided to sell as it expects the high performance in the sector would be hard to maintain. “Such favorable macro conditions, as the sector enjoyed between…

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