PARCO has a 51 per cent majority share in PAPCO
while Shell, PSO and TOTAL PARCO Marketing Limited have 26 per cent, 12 per cent and 11 per cent shares in equity respectively.
NYSE: INT) has closed the acquisition of US land fuel distributors PAPCO
Fuel logistics company World Fuel Services (NYSE:INT) revealed on Tuesday that it has completedthe acquisitions of PAPCO
and Associated Petroleum Products (APP) for an undisclosed value.
The top volume stocks were GFH, MAYADEEN, INVESTORS, MANAZEL, and HITSTELEC, while the top gainers were NCCI, PAPCO
, SPEC, ALIMTIAZ, and MANAFAE.
M2 EQUITYBITES-June 24, 2016-World Fuel Services to Acquire US Fuel Distributors PAPCO
, Associated Petroleum Products
Top gainers were PAPCO
, ALMUDON, HAYATCOMM, POILT AND CBK.
All necessary project expending agreements between PAPCO
and EPC Contractor CPECC are already in place.
M2 EQUITYBITES-June 24, 2016-World Fuel Services to buy PAPCO
and Associated Petroleum Products for USD230m
The top gainers were ITHMR, GFH, ALMAL, SECH and COAST, while the top volume shares were PAPCO
, KCIC, ARKAN, SECH and KAMCO.
Top gainers were KBMMC, PAPCO
, KMEFIC, SECH and MRC.
Top loser was PAPCO
while the top stock in volume was GFH.