Poland's Orlen offers to buy all shares of Grupa Azoty Polyolefins

Grupa Azoty SA

15/10/2025 05:59

WARSAW, Oct 15 (Reuters) - Poland's Orlen PKN.WA has placed an offer to buy all shares of Grupa Azoty Polyolefins (GAP), a petrochemical unit of state-controlled chemical group Grupa Azoty ATTP.WA, the oil refiner said on Wednesday.

Orlen, which currently owns 17.3% of GAP, said its offer is valued at 1.02 billion zloty ($278.20 million).

($1 = 3.6664 zlotys)

 (Reporting by Marek Strzelecki)

 ((Marek.Strzelecki@thomsonreuters.com;))