20 November 2006 10:58 [Source: ICIS news]
PRAGUE (ICIS news)--Polish oil and petrochemicals group PKN Orlen is targeting 15 December for closing the $2.35bn (€1.84bn) acquisition deal with the government of Lithuania for the purchase of the Mazeikiu Nafta refinery, the company’s ceo said.
PKN Orlen’s chief executive Igor Chalupec, who previously thought mid-January was more realistic for signing the acquisition contract, said at a press conference on Saturday that bank financing agreements and due diligence could be finished within a month.
In the coming weeks, he added in a joint presentation in ?xml:namespace>
PKN Orlen also said it was looking at a statement from
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