The European energy industry is eager to consolidate and sell assets, a survey by international law firm CMS. According to the survey, three-quarters of energy companies in Europe were considering an acquisition or a divestment this year. Some 45 percent, however, believe that the pandemic would be a significant obstacle to merger and acquisition activity this year, the authors of the report noted.
Still, there is cautious optimism that the situation is dynamic and this obstacle could quickly disappear given the right conditions. “The green…European Oil Industry Rushes To Consolidate
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