News
20 May 2025

Stonepeak and EEP to acquire JET majority from Phillips 66

Region:
Europe

Stonepeak and Energy Equation Partners (EEP) have agreed to acquire a majority interest in JET Tankstellen Deutschland GmbH from a  Phillips 66 (PSX) subsidiary.The transaction values the business at an enterprise value of €2.5 billion ($2.8 billion). Phillips 66 will retain a 35% minority...

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