US EditionFrom Where the Sample Comes From Azomureš: the Dispute Is Related to the Purchase Price. Romgaz Has Made a Bid of Less than 100 Billion Euros, While Azomureş's Owners Are Expected to Have About 200 Billion Euros
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Romgaz (SNG) announces that it has not yet formulated a binding offer for the Azomureș assets, but has prepared and sent an indicative letter with a price range, the transaction being conditioned on its acceptance for the initiation of extended negotiations. The state-owned natural gas producing company has been in discussions for several months for the acquisition of the assets […] The article High stakes in the chemical industry: Romgaz accuse…
The withdrawal of the acquisition process of the Azomureš combination was reviewed in March in a press release by Tjrgu Mureș's officials in a statement that the acquisition process of the Azomureš assets by Romgaz has not made progress and that it has not transmitted an undertaking, in its view, that the two-distance process has been completed. The purchase of the largest producer of chemicals in the country and one of the largest gas consumers…
The debate that takes place these days between Azmoreş and Romgaz is caused by the misunderstanding of the price offered by the Romanian gas producer...
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