[Decision Summary] Approval of Merger between Saudi Aramco and Maaden
The Polish Competition Authority has approved the merger between Saudi Aramco Development Company and Maaden Gold and Base Metals Holding Company, allowing them to establish a joint venture.
31.08.2026 | Polish Competition Authority (DKK)
The Polish Competition Authority (UOKiK) has issued Decision No DKK-192/2026 on September 1, 2026, approving the merger between Saudi Aramco Development Company and Maaden Gold and Base Metals Holding Company. This decision follows an antitrust investigation initiated at the request of the two companies.
The merger involves the creation of a joint venture as outlined in the application submitted by the parties. The authority noted that the decision fully complies with the request of the parties and does not address any contentious interests or result from an appeal.
As per the legal framework, the decision is subject to appeal to the District Court in Warsaw within one month of its delivery. The appeal process may incur a fixed fee of 1000 PLN, although exemptions may apply for parties demonstrating insufficient financial means.
