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The Moeve-Galp Merger, in Figures
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The market welcomed the news that Moeve and Galp with a 2% increase in Galp shares at the beginning of yesterday’s stock market session. Subsequently, the revaluation remained around 1% in a session where the European stock exchanges opened in negative. Investors positively valued this new initiative of combining activities among oil companies, avoiding mergers of groups at higher levels and destruction of value for shareholders for possible exo…
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