Moeve and Galp break negotiations to merge their businesses on the peninsula

Discrepances in the valuation of assets and the volatility of energy markets fail the great Iberian operation, which would have resulted in a network of 3,500 gas stations

Published on RocksNews: 26 Oct 2026, 08:10 UTC
Updated: 26 Oct 2026, 19:23 UTC
Language: English (Original language: Spanish)

Moeve and Galp break negotiations to merge their businesses on the peninsula — Image credit: MOEVE (MOEVE)

Discrepances in the valuation of assets and the volatility of energy markets fail the great Iberian operation, which would have resulted in a network of 3,500 gas stations