Polish Govt Not Working On Lotos-PKN Merger

Reuters

WARSAW, Feb 17 (Reuters) - The Polish government is not working on a potential merger between the state-run oil companies Grupa Lotos and PKN Orlen, Energy Minister Krzysztof Tchorzewski said on Friday.

Shares Lotos and PKN rose on Thursday after a senior government official Henryk Kowalczyk flagged an idea of a merger in a future.

"We haven't taken any actions within the government, but various people express their opinions," Tchorzewski told reporters when asked about Lotos-PKN merger.

(Reporting by Agnieszka Barteczko; Writing by Marcin Goclowski; Editing by Lidia Kelly)

Copyright 2017 Thomson Reuters. Click for Restrictions.

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