Vitol B.V. (“Vitol”) agrees to acquire Noble Resources Trading Limited
Source: www.gulfoilandgas.com 8/2/2024, Location: North America
Vitol B.V. (“Vitol”) has agreed to acquire Noble Resources Trading Limited for an purchase price equivalent to $0.63 per share on a debt free / cash free basis (“Noble Resources”) subject to customary conditions precedent.
Noble Resources is one of Asia’s leading independent energy products and industrial raw materials supply chain managers.
Mike Muller, CEO Vitol Asia said: “I am delighted at the prospect of the very experienced teams at Noble Resources joining Vitol and very much look for forward to growing the business together.”
The transaction is expected to close before the end of 2024.
