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SMM Legal and Bird & Bird Advise on Merger Clearance for PKN Orlen and PGNiG Merger

SMM Legal and Bird & Bird Advise on Merger Clearance for PKN Orlen and PGNiG Merger

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SMM Legal has advised PKN Orlen on merger clearance proceedings before the President of the Office of Competition and Consumer Protection (UOKiK) related to its merger with PGNiG. Bird & Bird advised PGNiG on competition law aspects of the planned merger.

"In the decision, the UOKiK President concluded that the commitments proposed by the participants appropriately address the concerns raised during the procedure and ensure that the transaction would not affect any of the relevant markets in a negative way," SMM Legal informed. "The UOKiK President’s concentration approval is thus conditional. Now the parties will work on the merger itself. Once the transaction goes through, the parties will have 12 months to implement the remedy involving the divestment from Gas Storage Poland."

Operating in Central Europe and Canada, PKN Orlen is an energy and fuel provider.

Polskie Gornictwo Naftowe i Gazownictwo operates on the Polish natural gas market. The company specializes in the exploration and production of natural gas and crude oil.

The SMM Legal team included Managing Partner Maciej Mataczynski, Senior Associates Milosz Malaga and Piotr Andrzejewski, and Associates Anna Mathews, Dagmara Dragan, Wojciech Rzepinski, and Julia Pampuchowicz.

The Bird & Bird team was led by Senior Associate Marcin Alberski and included Managing Partner Slawomir Szepietowski, Partner Pawel Bajno, Senior Associate Michal Blaszkiewicz, and Associate Stanislaw Szymanek.

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

Firm's website: https://penteris.com

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