Global Partners LP Agrees To Acquire 25 Liquid Energy Terminals From Motiva Enterprises LLC For $305.8M In Cash
Portfolio Pulse from Benzinga Newsdesk
Global Partners LP has agreed to acquire 25 liquid energy terminals from Motiva Enterprises LLC for $305.8 million in cash. This acquisition is expected to expand Global Partners' footprint in the liquid energy market.
November 09, 2023 | 12:20 pm
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Global Partners LP's acquisition of 25 liquid energy terminals from Motiva Enterprises LLC for $305.8M in cash could potentially boost its market presence.
The acquisition of 25 liquid energy terminals from Motiva Enterprises LLC is a significant move for Global Partners LP. This could potentially increase its market share and revenues in the liquid energy market, which may positively impact its stock price in the short term.
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