Phillips 66 Sells Remaining Interesting in Coop Mineraloel Joint
Phillips 66 CEO Mark Lashier said the sale is part of the company’s commitment to divest over $3 billion of assets. Coop Mineraloel operates 324 retail sites and petrol stations across Switzerland.
Phillips 66 announces agreement to sell interest in Switzerland …
3 days ago · Phillips 66 (NYSE:PSX) announced today that its subsidiary, Phillips 66 Limited, has entered into a definitive agreement to sell its 49 percent non-operated equity interest in Coop Mineraloel AG (“CMA”) to its Swiss joint venture partner. It will receive cash of 1.06 billion Swiss francs (approximately $1.24 billion) consisting of a 1 …
Phillips 66 announces agreement to sell interest in Switzerland …
2 days ago · HOUSTON, October 14, 2024--Phillips 66 announced its subsidiary entered into a definitive agreement to sell its 49 percent non-operated equity interest in Coop Mineraloel AG.
Phillips 66 aims at $3 bln divestitures target with Swiss venture …
2 days ago · Phillips 66. Follow. Oct 14 (Reuters) - Phillips 66 (PSX.N) will sell its 49% non-operated equity interest in Coop Mineraloel AG to its Swiss joint venture partner for $1.24 billion, the U.S ...
Phillips 66 to Sell Swiss Fuel Retailer for $1.2 Billion
1 day ago · Coop Group, currently the 51 percent owner, owes around $1.17 billion in sales price and approximately $70 million in assumed dividends for 2024. Coop Mineraloel had CHF 2.7 billion ($3.1 billion ...
Coop to take over Coop Pronto in full
Coop Mineraloel AG will be wholly owned by a Swiss company in future. With a broad range of well-located sites in all regions of Switzerland and in Liechtenstein, the Pronto sites are set to remain pioneers in the convenience sector. With this full acquisition, Coop is reinforcing its core business and securing 324 locations with customer ...
Phillips 66 to Offload 49% Stake in Coop Mineraloel to Swiss JV
2 days ago · Coop Mineraloel owns 324 retail sites and petrol stations in Switzerland. Details of the Deal The total consideration for the deal is 1.06 billion Swiss Francs (approximately $1.24 billion).
Phillips 66 Sells Remaining Interesting in Coop Mineraloel Joint ...
2 days ago · Resize. Listen. (1 min) Phillips 66 said it is selling its 49% interest in Coop Mineraloel.Photo: Daniel Acker/Bloomberg News. Phillips 66 PSX -0.68%decrease; red down pointing triangle is ...
Phillips 66 To Sell Its 49% Stake In Coop Mineraloel To Swiss Joint ...
2 days ago · Phillips 66 To Sell Its 49% Stake In Coop Mineraloel To Swiss Joint Venture Partner For $1.24 Bln RTTNews 14m Phillips 66 to sell 49% stake in Coop Mineraloel in $1.24B deal
Phillips 66 agrees to sell interest in Switzerland-based joint venture
2 days ago · Phillips 66 has announced that its subsidiary, Phillips 66 Ltd., has entered into a definitive agreement to sell its 49% non-operated equity interest in Coop Mineraloel AG (CMA) to its Swiss joint venture partner. It will receive cash of 1.06 B Swiss francs (approximately $1.24 B) consisting of a 1 B Swiss franc sales price (approximately $1.17 ...
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