News
25 November 2021

Vitol snaps up UK's Vivo Energy in $2.3bn deal

In:
Oil & gas
Region:
Europe

Commodities trader Vitol will buy Britain's Vivo Energy in a deal valued at about $2.3 billion, as the Dutch firm looks to take full control of the distributor of Shell- and Engen-branded fuels in Africa. Shares in Vivo, which has a network of about 2,330 service stations across Africa, jumped...

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