Petrol d.d. (LJSE:PETG) won an auction to acquire E 3, D.O.O. from Elektro Primorska D.D. for €15 million on February 18, 2020. Petrol d.d. (LJSE:PETG) signed an agreement to acquire E 3, D.O.O. from Elektro Primorska D.D. on February 26, 2020. Petrol was selected as the most favorable bidder for the purchase of E3 and proceeds with negotiations for the above-mentioned purchase. The sale and purchase agreement is expected to be signed by the end of February 2020. Petrol d.d., Ljubljana intends to continue developing the business of E 3, d.o.o., and to retain the existing jobs. The transaction is subject to customary closing conditions, including obtaining consent from the Public Agency of the Republic of Slovenia for the Protection of Competition.