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Tesoro diversifies portfolio with Western Refining acquisition
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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.
Table of contents
- Tesoro diversifies portfolio with Western Refining acquisition
Tables and charts
This report includes 2 images and tables including:
- Figure 1: Location of Tesoro and Western assets
- Figure 2: Net Cash Margin for Western assets
What's included
This report contains:
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