Portugal Mulls Bigger Galp Stake After Moeve Deal Collapse

AI Summary

Portugal is considering increasing its 8% holding in Galp Energia after merger talks between Galp and Spain’s Moeve collapsed. The review could affect the government’s role in the energy company and the prospects for future consolidation.

Portugal's government is assessing whether to increase its 8% stake in oil company Galp Energia after the collapse of merger talks with Spain's Moeve, the economy…