A major acquisition. MISC is acquiring a 50% stake in VTTI B.V. (VTTI), an owner/operator of oil product storage terminals with a combined capacity of about 6m cbm and refineries in various locations including Amsterdam and Rotterdam in Holland, Fujairah in UEA and Port Canaveral in Florida, USA, for US$735m (RM2.35bn) cash.
MISC Berhad : Acquiring A 50% Stake In An International Tank Terminal Business For US$735m - 18/5/2010
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