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LetterOne and BASF Sign Letter of Intent to Merge Their Oil and Gas Businesses to Create Wintershall DEA

LONDON, December 7, 2017 /PRNewswire/ —

BASF and L1 Energy, the energy investment arm of LetterOne, announce their intention to merge their oil and gas subsidiaries

Wintershall DEA to be one of the largest independent European exploration and production…