PES creditors fight to reject refinery sale

PES creditors fight to reject refinery sale
WESPECH PTE LTD
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27.01.2020

MOSCOW (MRC) -- Creditors of bankrupt Philadelphia Energy Solutions are opposing the sale of its oil refinery to Hilco Redevelopment Partners, saying another developer made a more lucrative bid for the site, reported Reuters with referenceВ to court documents filed.Industrial Realty Group submitted a bid of USD265 million during an auction last week to sell the idled refinery site, $25 m

Full article at mrcplast.com

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