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Announced

Liwathon to acquire a 25% stake in the Miro refinery from Exxon Mobil.

Synopsis

Liwathon, a privately-owned industrial investment holding company, agreed to acquire a 25% stake in the Miro refinery, the largest refinery in Germany, from Exxon Mobil, an American multinational oil and gas corporation. Financial terms were not disclosed. The acquisition aligns seamlessly with the broader investment strategy of Liwathon Group, the parent company of Alcmene.

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