VTTI Energy Partners (VTTI) Reports Q1 Miss on Revenues

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DA Davidson Downgrades VTTI Energy Partners LP (VTTI) to Neutral, "Higher Offer Makes Buyout Likely"

May 9, 2017 7:00 AM EDT

DA Davidson downgraded VTTI Energy Partners LP (NYSE: VTTI) from Buy to Neutral with a price target of $19.50 (from $21.00).

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Citi Downgrades VTTI Energy Partners LP (VTTI) to Neutral (Yesterday)

May 9, 2017 6:33 AM EDT

Citi downgraded VTTI Energy Partners LP (NYSE: VTTI) from Buy to Neutral with a price target of $19.50 (from $21.00).

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VTTI Energy Partners (VTTI) Enters Agreement to be Acquired by VTTI B.V. for $19.50/Share

May 8, 2017 6:42 AM EDT

VTTI Energy Partners LP (NYSE: VTTI) announced today that it has entered into a definitive merger agreement with VTTI B.V. ("VTTI") pursuant to which VTTI will acquire, for cash, all of the outstanding publicly held common units of the Partnership, at a price of US$19.50 per common unit for an aggregate transaction value of approximately US$481 million. The revised price represents an increase of US$0.75 when compared to the offer of US$18.75 per common unit made by VTTI on March 2, 2017. In addition, unitholders of... More