Elliott pressures Phillips 66 for restructuring amid investor frustration
Elliott Investment Management L.P., a prominent activist investor, is intensifying pressure on Phillips 66, calling for a comprehensive restructuring to address what it describes as ... Read More
South Texas Gateway Terminal : Gibson Energy to expand North American terminal footprint with $1.1bn acquisition
Gibson Energy is set to acquire the South Texas Gateway Terminal (STGT) LLC, in a cash deal valued at $1.1 billion, expanding its North American ... Read More
7-Eleven wraps up $21bn acquisition of Speedway from Marathon Petroleum
Convenience stores company 7-Eleven has wrapped up its previously announced $21 billion acquisition of convenience store chain Speedway from Marathon Petroleum. Speedway's portfolio includes nearly ... Read More
7-Eleven to acquire Speedway from Marathon Petroleum for $21bn
7-Eleven acquisition of Speedway : Convenience stores company 7-Eleven has agreed to acquire the Speedway convenience store chain from US petroleum refining company Marathon Petroleum ... Read More
Marathon Petroleum to merge with Andeavor in $23.3bn deal
Marathon Petroleum, a US petroleum refining company has signed an agreement to acquire its rival Andeavor for $23.3 billion. Marathon acquisition of Andeavor is anticipated ... Read More
Marathon Petroleum to buy rival US petroleum refining company Andeavor for $23.3bn
Marathon Acquisition of Andeavor : US petroleum refining company Marathon Petroleum has agreed to acquire rival oil refining company Andeavor (formerly known as Tesoro) for ... Read More