VOL. XXXVII
NO. 42
18-JULY-1994
Saudi Arabia
OK Petroleum Buys Texaco's Retail Operations In Sweden
OK Petroleum (OKP), which was acquired earlier this year by a Saudibusinessman, last week purchased Texaco's Swedish retail operation TexacoMarketing AB (TMAB), in which OKP has had a 50% equity interest since 1989. As aresult, TMAB will become a wholly-owned subsidiary of the OK petroleum group.The $60mn purchase covers 400 Texaco stations, which will continue operations asbefore under the Texaco...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!