Chevron to purchase biodiesel maker Renewable Energy Group

Chevron to purchase biodiesel maker Renewable Energy Group
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

01.03.2022

MOSCOW (MRC) -- Chevron is buying biodiesel maker Renewable Energy Group Inc for USD3.15 B, in its biggest bet so far on alternative fuels, reported Reuters.The second-biggest US oil and gas producer said on Monday it would pay USD61.5 in cash for each share of Renewable Energy, a premium of over 40% to the company's Friday close. Renewable Energy shares rose more than 37% in premarket tr

Full article at mrcplast.com

Back

news