Vopak pulls out of floating regas deal

Exmar and Vopak have decided not to pursue a transaction announced late last year.

Offshore staff

ANTWERP, BelgiumExmar and Vopak have decided not to pursue a transaction announced late last year.

At the time, the two parties reached a conditional agreement on Vopak acquiring Exmar’s participation in various floating storage and regasification facilities.

However, finalization of the deal was subject to consent and cooperation of multiple stakeholders.

04/28/2017

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