MergerLinks Header Logo

Announced

Rosneft to acquire a 37.5% stake in PCK Schwedt from Shell.

Synopsis

Rosneft, a company that produces and markets petroleum products, agreed to acquire a 37.5% stake in PCK Schwedt from Shell, an oil and chemical group. Financial terms weren't disclosed. “Increasing the share of PCK refinery is testament to the strategic importance of the German market for Rosneft. The company builds long-term relationships with its German partners, provides timely and uninterrupted crude supplies, and modernizes key refinery units," Igor Sechin, Rosneft CEO.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US