PKN Orlen plans to close acquisition of Ruch by end of '20

PKN Orlen assumes that the closing of the acquisition of Ruch will take place by the end of this year, Orlen said in a press release. The concern announced that the court had legally confirmed the execution of the arrangement proceedings with Ruch's creditors, which was the last condition for the finalization of the transaction.

"From the beginning, we wanted to efficiently conduct the process and integrate assets to the benefit of both companies and their clients.