Brief: Global Partners Lp- On Nov 24, 2021 Co Through Its Unit, Entered Into Purchase And Sale Agreement With Revere Ma Owner Llc

Global Partners LP

01/12/2021 13:57

Dec 1 (Reuters) - Global Partners LP  GLP.N :
    * GLOBAL PARTNERS LP- ON NOV 24, 2021 CO THROUGH ITS UNIT,
ENTERED
INTO PURCHASE AND SALE AGREEMENT WITH REVERE MA OWNER LLC
    * GLOBAL PARTNERS LP - REVERE MA OWNER LLC  WILL ACQUIRE
PARTNERSHIP’S REVERE TERMINAL FOR PURCHASE PRICE OF $150 MILLION
IN CASH
    * GLOBAL PARTNERS LP - PARTNERSHIP ESTIMATES GROSS PROCEEDS
TO
PARTNERSHIP FROM SALE OF REVERE TERMINAL AFTER ADJUSTMENTS WILL
BE IN EXCESS OF $100 MILLION


Further company coverage:  GLP.N 

 ((Reuters.Briefs@thomsonreuters.com;))