$321MDivestiture / carve-outEnergy & Utilities
Valero buys LyondellBasell's former Houston refinery for $320.5M
Valero agreed, through its subsidiary Valero Refining-Texas, to acquire all equity interests in LYB Houston Hub Holdings from a LyondellBasell subsidiary for $320.5 million, subject to closing adjustments. The deal is subject to customary closing conditions.
Why it matters: The deal hands LyondellBasell's former Houston refining site to one of the largest US refiners.
Read the full coverage, free
We only link to sources you can read without a subscription. How we check.
Get energy deals like this every morning
The day's biggest deals in five minutes. Free, with no paywalled links.