Vitol's tender offer to delist Italy's Saras starts

In:

Oil & gas

Region:

Europe

A mandatory tender offer by Vitol on Italian oil refiner Saras will start today, July 12, and end on August 9.Italian market watchdog Consob approved the prospectus for the bid, under which Vitol's financial vehicle Varas aims to buy 54.52% of Saras share capital to delist the refiner, Varas...

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