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Portugal Weighs Increasing Stake in Galp After Moeve Merger Collapse

A Portuguese minister said the government is weighing a larger stake in Galp after the Moeve merger collapsed.

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01:01:55 PM UTC
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By Sergio GoncalvesPortugal's government is assessing whether to increase its 8% stake in oil company Galp Energia EURONEXT:GALP after the collapse of merger talks with Spain's Moeve, the economy minister said on Sunday as it seeks to safeguard strategic assets including the country's only oil refi…

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