NEW YORK (Thomson Financial) - Aegean Marine Petroleum Network Inc. late
Tuesday said it agreed to acquire Vancouver-based ICS Petroleum.
Aegean will finance the deal through borrowings under its $300 million
senior secured revolving credit facility.
The deal is scheduled to close in July.
ICS Petroleum supplies marine fuel in Canada and Mexico
Shares of Aegean, a Piraeus, Greece-based marine fuel logistics company,
closed the regular session at $40.53, down 3.3%.
Michelle Rama
mr/gm
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