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Oil & Gas Refining & Marketing M&A image Oil & Gas Refining & Marketing M&A » By The Online Investor Staff, updated Tue., Apr. 20, 2:15 AM Recent mergers and acquisitions in the Oil & Gas Refining & Marketing M&A category.

Slide #19. Renewable Energy Group, Inc. Syntroleum Corporation

Acquirer: Renewable Energy Group, Inc. (REGI)
Acquiree: Syntroleum Corporation (SYNM)
Details: Renewable Energy Group, Inc. (NASDAQ:REGI) and Syntroleum Corporation (NASDAQ:SYNM) announced today that they have entered into an asset purchase agreement pursuant to which REG would acquire substantially all of the assets of Syntroleum Corporation, and assume substantially all of the material liabilities of Syntroleum. The terms of the transaction call for Syntroleum to receive 3,796,000 shares of REG common stock (subject to reduction in the event that the aggregate market value of the REG common stock to be issued would exceed $49 million or if the cash transferred to REG is less than $3.2 million).

Renewable Energy Group is a holding company. Through its subsidiaries, Co. provides transportation fuels and is a producer of biofuels. Co.'s businesses are organized into two reportable segments, Biomass-based Diesel and Services. Co.'s Biomass-based Diesel segment includes the operations of the biomass-based diesel production refineries, as well as the purchases and resales of biomass-based diesel, petroleum-based diesel, renewable identification numbers and Low Carbon Fuel Standard credits, and raw material feedstocks acquired from third parties. Co.'s Services segment includes biomass-based diesel facility management and operational services and construction management services.

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Renewable Energy Group is a holding company. Through its subsidiaries, Co. provides transportation fuels and is a producer of biofuels. Co.'s businesses are organized into two reportable segments, Biomass-based Diesel and Services. Co.'s Biomass-based Diesel segment includes the operations of the biomass-based diesel production refineries, as well as the purchases and resales of biomass-based diesel, petroleum-based diesel, renewable identification numbers and Low Carbon Fuel Standard credits, and raw material feedstocks acquired from third parties. Co.'s Services segment includes biomass-based diesel facility management and operational services and construction management services.

REGI SEC Filing Email Alerts Service


Open the SYNM Page at The Online Investor »

Company Name: 
Renewable Energy Group, Inc.
Stock buyback: 
REGI buyback
Website: 
www.regi.com
Sector: 
Specialty Chemicals
Number of ETFs Holding REGI: 
49
Total Market Value Held by ETFs: 
$699.67M
Total Market Capitalization: 
$2.39B
% of Market Cap. Held by ETFs: 
29.31%
Company Name: 
Syntroleum Corp
Website: 
www.syntroleum.com
Sector: 
Oil & Gas Refining & Marketing
 

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