oil & gas assets
You have accessed this news story:

ID - Vopak sells 3 Euro terminals to Aussie investor for $812MM - April 2019



Feed Icon
Australian wealth manager Colonial First State Investments Ltd. will buy three terminals in Algeciras, Spain; Amsterdam; and Hamburg, Germany from Dutch storage company Vopak for $812 million (~€723 million). The sale, which Vopak said has an implied multiple of more than 10x EBITDA, is expected to close in H2. Vopak is working to shift its portfolio towards industrial, chemicals and LNG. In particular, it wants to expand chemical and bunker fuel terminals in Antwerp, Rotterdam, Singapore and Indonesia. Vopak announced in August it......
 
Provide your credentials to access this page

Member Area: Log in if you have a PLS web account or Sign up for internet access now.

PLS Web Client?
Log in to proceed







Sign up for PLS Reports
& Web Access!


Already subscribed to Reports?
Sign up for Web Access!
Search For More News