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Galp and Moeve End Merger Discussions Over Commercial Differences

Source: zacks.com

M&A & RestructuringEnergy Markets & Prices
Galp and Moeve End Merger Discussions Over Commercial Differences

GLPEY and Moeve scrapped their proposed refining and fuel retail merger because of commercial differences. The decision ends plans to create a major European downstream operator; no financial terms or market reaction were reported.

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