PKN To Buy TriOil Resources For $177M

Poland's refiner PKN Orlen agreed to acquire Canadian company TriOil Resources TRIAF for 563 million zlotys ($177.43 million). PKN will acquire 100% of TriOil Resources for C$2.85 per share. TriOil Resources shares closed at $2.96 on Friday.
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Posted In: NewsM&Amerger and acquisition
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