vopak (VPK:Euronext Amsterdam)
Transactions by VOPAK (VPK) in the last 6 months
Oiltanking Sonmarin Oy acquired Vopak Chemicals Logistics Finland Oy from Royal Vopak NV (ENXTAM:VPK) for €43 million on July 15, 2015. After the completion of the transaction, the tank terminals of the two companies are merged into one company under the name Oiltanking Finland Oy. The net cash flows resulting from this transaction will be used to execute our strategy in line with the outcome of the business review.
Inter Pipeline Ltd. (TSX:IPL) acquired Vopak Sweden AB from Royal Vopak NV (ENXTAM:VPK) for approximately SEK 870 million in cash on June 10, 2015. The purchase price excluded customary closing adjustments. The transaction was funded through Inter Pipeline’s revolving credit facility of CAD 1.25 (SEK 8.38) billion. As part of deal, Inter Pipeline acquired four petroleum and petrochemical storage terminals in Sweden. Post acquisition, the business will be renamed as Inter ...
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