Singapore's Puma Energy to sell Australia fuels business for $288 million

  • 📰 Reuters
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Singapore's Puma Energy, the retail and midstream arm of global commodities...

FILE PHOTO: Security guards stand near a tanker carrying aviation fuel during the opening ceremony of Puma Energy fuel storage facility at Myanmar International Terminal Thilawa outside Yangon, Myanmar May 6, 2017. REUTERS/Soe Zeya Tun

The sale by the company, which is 49%-owned by Geneva-based Trafigura, comes amid increasing pressure to rebalance its books after a decade-long buying spree. Puma entered the Australian market in 2013 with the purchase of Ausfuel, Neumann and Central Combined Group assets. Media reports at the time said it paid around $850 million for the Ausfuel and Neumann assets.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Better have Hunter Biden on that. You need an expert.

Great, give us useless petrol. We give you our useful water.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 2. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

How One Fruitcake Shop Became A Multi-Million Dollar BusinessThis fruitcake recipe launched a multi-million dollar business See how on Business Insider Today: FUCK YEAH LETS DO SOME SHOTS
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »