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PGNiG to continue to go shopping in North America

15:27

State-controlled PGNiG has been working on striking acquisition deals in the US and Canada, the company told the media. It is also eyeing the Norwegian and South Asian markets as well as Polish heating networks. Jarosław Bauc, the deputy CEO at PGNiG said at a press conference that the company has already picked "some groups of firms" in the US and Canada, which are the subjects of potential acquisition talks. He added that possible transactions are to take place within a few months. Besides that, PGNiG is looking for business in Norway and South Asia, particularly in Pakistan, where it is expanding production. "We are very active in the domestic market. We may be involved in some divestments this year," PGNiG CEO Mariusz Zawisza pointed out and said that the company is interested in Polish heating networks.  

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