HF Sinclair to buy remaining stake in Holly Energy
Aug 16 (Reuters) - HF Sinclair DINO.N will acquire all
the outstanding shares of smaller oil pipeline operator Holly
Energy HEP.N that it does not already own in a cash and stock
deal, the companies said on Wednesday.
HF Sinclair holds 47.16% of Holly Energy, as per Refinitiv
data.
(Reporting by Tanay Dhumal in Bengaluru; Editing by Nivedita
Bhattacharjee)
((Tanay.Dhumal@thomsonreuters.com; Twitter: https://twitter.com/TanayDhumal;))
Recent news on Holly Energy Partners LP
See all newsBrief: Holly Energy Partners Q3 pretax profit USD 64.927 Mln
Factbox: Biggest oil and gas sector deals since start of the century
Factbox: Biggest oil and gas sector deals since start of the century
Factbox: Biggest oil and gas sector deals since 2000
Factbox: Deals on the rise in US oil and gas pipeline sector