Phillips 66 (PSX) announces agreement to divest majority interest in Germany and Austria Retail Marketing business; retains 35% interest in JV, deal valued business at EUR 3.5bln, 9.1x EV/EBITDA
- Expects EUR 1.5bln pre-tax cash proceeds, to divest 65% interest in Germany and Austria retail business.
15 May 2025 - 14:06- EnergyGeopolitical- Source: Newswires
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