The merger between Galp and the Spanish Moeve depends on the will of the Portuguese Government led by Luís Montenegro. Former Industry State Secretary António Castro Guerra states that the deal will only go ahead if the executive so decides.
António Castro Guerra emphasizes that Portugal would be going against the trend compared to other European countries that have already made decisions on similar operations. Among those countries are Germany, Spain, France, and the Netherlands.
The article does not specify what decision those countries made nor what the terms of those decisions were. Nor are further details presented about the specific terms of the merger between Galp and Moeve or about the ongoing negotiation process.
