22 Dec Glencore buys majority stake in FincoEnergies
(Oilandgaspress) –Glencore has reportedly agreed to acquire a majority stake in Dutch fuel supplier FincoEnergies for an undisclosed sum, the Dutch company said on Monday.
Glencore will use the deal to expand its footprint in Northwest European fuel markets, industry sources said. Finco is a major player in the Dutch wholesale fuel market and in the region’s biofuels and low-carbon fuel sectors. Related News
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