Tamoil Expands Acquisitions in Italy
Tamoil Italia, the Libyan-owned downstream oil refining and distributioncompany, has acquired 180 service stations from Cameli Petroli's subsidiaryItaliana Distribuzione (Idis), according to Staffetta Quotidiana Petrolifera.The deal, worth IL58bn ($47mn), covers stations mostly in southern Italy whichhave already been supplied by Tamoil. The purchase will raise Tamoil's servicestations network to 2,121 and bring it close to...
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