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Fortum to acquire Duon

16:58

The anti-monopoly watchdog UOKiK has approved the acquisition of electric energy and LNG provider Grupa Duon by Finnish Fortum.

On January 28, subscriptions began for a tender offer of Duon's shares announced by Forum. Expected completion is on February 26. Fortum wants to acquire 100 percent of the holding for share price of PLN 3.85. The company's capitalization amounts to PLN 393 million (as of January 7).

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