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Oil & Gas Refining and Marketing

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Sprague Resources announces acquisition of Coen Energy

Tuesday, 19 Sep 2017 06:00am EDT

Sept 19 (Reuters) - Sprague Resources Lp :Sprague Resources Lp announces acquisition of Coen Energy.Sprague Resources Lp - ‍transaction is expected to contribute an additional $7 to $8 million of adjusted EBITDA on an annual basis​.Sprague Resources Lp - deal ‍expected to be immediately accretive to unitholders​.Sprague Resources Lp - ‍Sprague intends to fund transaction with borrowings from its senior secured credit facility​.Sprague Resources Lp - ‍transaction is also expected to be immediately accretive to unitholders​.

Moresco unit decides to scrap plan to acquire AML INDUSTRIES and AML Realty

Tuesday, 12 Sep 2017 03:11am EDT

Sept 12 (Reuters) - Moresco Corp <5018.T>:Says co's wholly owned unit MORESCO USA Inc decided to scrap plan to acquire AML INDUSTRIES, INC. and AML Realty LLC..Previous news was disclosed on Feb. 14.

Arc Logistics Partners - MLP to pay Zenith $11.5 mln termination fee

Tuesday, 29 Aug 2017 09:20am EDT

Aug 29 (Reuters) - Arc Logistics Partners Lp :Arc Logistics Partners Lp - upon termination of deal with Zenith Energy U.S.,under specific circumstances, MLP to pay Zenith termination fee of $11.5 million.Arc Logistics Partners Lp -deal provides Zenith to pay MLP termination fee of $24.6 million if deal is terminated under certain circumstances -SEC filing.

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