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Announced

Par Pacific to acquire the Montana oil refinery from Exxon Mobil for $310m.

Financials

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Transaction Value£275m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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rafinery

Majority

Domestic

Integrated Oil and Gas

Single Bidder

oil and gas

Friendly

energy

Pending

Private

United States

Acquisition

Synopsis

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Par Pacific, a company which manages, owns and maintains interests in energy and infrastructure industry, agreed to acquire the Montana oil refinery from Exxon Mobil, an enery company, for $310m. "This acquisition expands our fully integrated downstream network in the western United States," William Pate, Par Pacific Chief Executive Officer.

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