Orlen’s subsidiaries to be merged

PKN Orlen’s subsidiaries Orlen Paliwa and Orlen Gaz will be merged into one entity through acquisition of Orlen Gaz by Orlen Paliwa. As a result, the share capital of Orlen Paliwa will increase from PLN 38.3 million to PLN 81.3 million through the issue of 4,295 new shares worth PLN 10,000 each. The book value…

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