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Tesoro has jointly announced a definitive acquisition agreement with Western Refining, which will acquire the latter to expand the company's product portfolio, which is valued at approximately $6.
4 billion
.
Petrobras said it was in talks to sell its stake in sugar and ethanol producer Guaraani to France's Tereos
International.
The proposed deal is part of
PetroPakistan's plan to sell some assets to reduce debt.
In addition, the company will sell assets
worth $19.
5 billion during 2017~2018.
Praxair recently approached Linde again about a merger that promises to create a $60 billion industrial gas giant
.
The round called for a 50/50 ownership split with Praxair Chairman and CEO Steve Angel as the leader of the combined entity, which will be headquartered at Praxair's headquarters
in Danbury, Connecticut.
Linde Chairman of the Supervisory Board Wolfgang Reitzle is expected to become Chairman of
the combined company.