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Tesoro diversifies portfolio with Western Refining acquisition

Tesoro diversifies portfolio with Western Refining acquisition

Report summary

On November 17, 2016, Tesoro announced it would buy Western Refining for an equity value of around $4.1B, with the total deal being valued at around $6.4B. The deal includes all of Western Refining's assets along with a stake in Western's logistics arm. The deal will increase Tesoro's capacity to 1.1 million barrels per day.

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  • Tesoro diversifies portfolio with Western Refining acquisition PDF - 2.72 MB 2 Pages, 0 Tables, 2 Figures


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