Independent journal on economy and transport policy
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malaysian MISC will yield own participation in terminalista society Dutch VTTI
the company will become of entire property of the Vitol group
August 24, 2015
The shipowning group malaysian MISC has signed an agreement in order to yield own participation in the terminalista group Dutch VTTI that work a net of terminals for producing oil in 11 nations. The understanding, that it is signed by the society integrally controlled MTTI, previews the sale of 50% of the capital of VTTI to Dutch VIP Terminals Finance, society of property of the Vitol Investment Partnership of the Vitol group, for total 830 million dollars.
VTTI will become therefore of entire property of the Vitol, Dutch group that draft and commercializes produced oil and that it takes care also of logistic and terminalistiche activities, these last ones through the VTTI.
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