NautaDutilh's corporate energy team lead advised MISC in relation to the sale of its 50% stake in global tank terminal operator VTTI B.V. to Vitol Investment Partnership Limited for a cash consideration of USD 830 million.
The transaction was completed on November 9th, after all conditions precedent were satisfied.
MISC is a subsidairy or PETRONAS. Vitol Partnership Limited in an investment vehicle managed by the Vitol Group.
For more information, please see:
- 'MISC Berhard to divest 50% shareholding in VTTI'
- 'NautaDutilh advises MISC in sale of its stake in VTTI to VIP Terminals Finance'