Pacific Ethanol Inc (PEIX.O) Key Developments | Reuters.com
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Pacific Ethanol Inc (PEIX.O)

PEIX.O on Consolidated Issue listed on NASDAQ Capital Market

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Pacific Ethanol completes Aventine merger
Wednesday, 1 Jul 2015 09:20am EDT 

Pacific Ethanol Inc:Completes merger with Aventine Renewable Energy Holdings Inc.  Full Article

Pacific Ethanol achieves 100% ownership of the Pacific Ethanol Plants
Thursday, 18 Jun 2015 08:30am EDT 

Pacific Ethanol Inc:Acquires the final 4 pct ownership interest in PE Op Co., the sole owner of the Pacific Ethanol plants.Says purchase price of the final 4 pct ownership interest was $3.8 million in cash.Says on an aggregate basis, the company purchased its 100% ownership interest in PE Op Co. for $60.8 mln, or $0.30 per gallon of capacity.  Full Article

Pacific Ethanol Inc enters into merger agreement with Aventine Renewable Energy Holdings Inc
Wednesday, 31 Dec 2014 08:30am EST 

Pacific Ethanol Inc:Entered into a definitive merger agreement under which Pacific Ethanol will acquire all of Aventine's outstanding shares in stock-for-stock merger transaction.Under terms of merger agreement, Pacific Ethanol expects to issue about 17.75 mln shares of its common stock upon closing in exchange for all of issued and outstanding shares of Aventine's common stock.Upon completion, existing Pacific Ethanol shareholders will own about 58 pct of issued and outstanding shares of common stock of the combined entity, and Aventine will nominate two representatives to be named later to Pacific Ethanol's board of directors, increasing total board count to nine.Closing of transaction, which is expected to occur during Q2 of 2015.  Full Article

Pacific Ethanol increases plant ownership to 96 pct
Tuesday, 2 Sep 2014 08:30am EDT 

Pacific Ethanol Inc:Announced that it has purchased an additional 5 pct ownership interest in PE Op Co., the owner of the Pacific Ethanol plants, for a total cash purchase price of $6,000,000.Acquisition increased the company's ownership interest in the Pacific Ethanol plants to 96 pct.  Full Article

Pacific Ethanol receives $3 mln Grant to Support Sorghum Feedstock Program
Monday, 28 Jul 2014 08:32am EDT 

Pacific Ethanol Inc:Receives a $3 mln matching grant from California Energy Commission to develop a sorghum feedstock program collaboratively with Chromatin, Inc.  Full Article

BRIEF-Pacific Ethanol Q1 loss per share $0.32

* Q1 earnings per share view $-0.13 -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)