You have accessed this news story:
MI - News Briefs - February 05, 2019
HollyFrontier Corp. completed its acquisition of Sonneborn US Holdings and Sonneborn Coöperatief U.A. for $655 million, including working capital estimated at $72 million. With manufacturing facilities in Pennsylvania and the Netherlands, Sonneborn is a supplier of white oils, petrolatums and waxes, a portfolio of products that should complement HFC’s lubricants and specialty products business. HFC anticipates the acquisition, announced in November, will be immediately accretive to HollyFrontier’s earnings per share, cash flow and EBITDA margins. EVX Midstream Partners acquired the saltwater disposal assets operated by environmental services company Whitewater Resources in......
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!