Delek Inks 342 Million Deal for Chevron's Benelux Marketing Business

摘要

Delek will acquire Chevron's Benelux fuel marketing operations under the terms of an agreement announced Friday.Delek Benelux B.V., a subsidiary of Israeli company Delek Petroleum, will pay 460 million (342 million Euro), exclusive of working capital adjustments of 30-95 million (EUR20-EUR70 million) for 803 Texaco-branded service stations, two fuel terminals in Belgium and Luxembourg, interests in six joint venture retailers in the Netherlands and related assets.