Oil & Gas Refining & Marketing M&A » By The Online Investor Staff, updated Tue., Aug. 9, 4:51 AM
Recent mergers and acquisitions in the Oil & Gas Refining & Marketing M&A category.
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Slide #45. World Fuel Services Corporation — World Fuel Services, Inc.
Acquirer:
World Fuel Services Corporation (NYSE:INT)
Acquiree:
World Fuel Services, Inc.
Details:
World Fuel Services Corporation announced that its wholly-owned subsidiary, World Fuel Services, Inc., has completed the previously announced acquisition of select assets of CarterEnergy Corporation, including the assets comprising CarterEnergy's wholesale motor fuel distribution business.
World Fuel Services is a global fuel services company. Co.'s segments include: aviation, which provides global aviation fuel supply and service solutions to main commercial airlines, second and third-tier airlines, cargo carriers, regional and low-cost carriers, airports, fixed based operators, corporate fleets, fractional operators and private aircraft; land, which provides fuel, heating oil, propane, natural gas, lubricants and related products and services to petroleum distributors, retail petroleum operators, and industrial, commercial, residential and government customers; and marine, which markets fuel, lubricants and related products and services to a base of marine customers.
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 85th percentile
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