Moeve and Galp in negotiations

Summary by AI BETAClose X

Mamoura Diversified Global Holding PJSC (MDGH) announced that its controlling interest, Moeve S.A., has reached a non-binding agreement with Galp Energia to combine their downstream portfolios, aiming to create two leading energy and mobility platforms in the Iberian Peninsula. This potential transaction is contingent upon the negotiation and execution of final agreements, corporate approvals, and regulatory authorizations.

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