Greif Announces Sale Of Delta Petroleum Company To PSC Group LLC; Delta Is A North American Filling And Logistics Services Business
Portfolio Pulse from Benzinga Newsdesk
Greif has announced the sale of its North American filling and logistics services business, Delta Petroleum Company, to PSC Group LLC.
August 01, 2024 | 8:56 pm
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Greif has sold its North American filling and logistics services business, Delta Petroleum Company, to PSC Group LLC. This move allows Greif to focus on its core business operations.
The sale of Delta Petroleum Company allows Greif to streamline its operations and focus on its core business. This strategic move is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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