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Orlen ousted

The commission officially vetoed Orlen's offer due to some inconsistencies in the method of price calculation, but the actual reason was Orlen's attempt to buy shares well below market prices. Orlen offered CSK103 per share, while the market value is estimated at CSK143.75. Unipetrol's minority shareholders are furious, and now want to call a shareholders' meeting at which they hope to push some Orlen representatives off the board.
(Poland A.M.)

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