Glencore to acquire Hellenic Petroleum.

Glencore, a British–Swiss multinational commodity trading and mining company, offered to acquire Hellenic Petroleum, a Greek petroleum refineries company, for $1.5bn. The offer was lapsed in April 2019. Greece’s privatisation agency said the lack of bids was “due to reasons related to the short-listed parties and recent developments in the international environment that affect the consortia."