Announced
Financials
Sources
Tags
Pending
Single Bidder
Acquisition
Cross Border
Majority
Private
Friendly
Turkey
hydrocarbon products
Integrated Oil and Gas
Synopsis
Vitol-backed Petrol Ofisi, an oil refining company, agreed to acquire BP Petrolleri, a provider of hydrocarbon products and services, from BP, an oil and gas company. Financial terms were not disclosed. “We are delighted to be working towards building a stronger national champion for Türkiye’s energy sector. With its young population and potential for growth, we believe in Türkiye’s future,” Chris Bake, Petrol Ofisi Chair and Vitol Member of the Executive Committee.
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