PetroChina (PTR) Makes Offer on Valero (VLO) Refinery in Aruba
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PetroChina (NYSE: PTR) is in talks to buy Valero Energy's (NYSE: VLO) refinery in Aruba, according to a report out of Reuters.
According an SEC filing, Valero received a non-binding indication of interest for the plant in Aruba for $350 million plus working capital. Reuter's sources tagged PetroChina as the bidder.
According an SEC filing, Valero received a non-binding indication of interest for the plant in Aruba for $350 million plus working capital. Reuter's sources tagged PetroChina as the bidder.
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