Top Story | Deals - Acquisition, Mergers, Divestitures
Koch Subsidiary to Acquire PetroLogistics in Deal Worth Billions
Koch Industries subsidiary, Flint Hills Resources LLC, has entered into an agreement to acquire PetroLogistics LP in a deal worth billions.
Brad Razook, Flint Hills Resources President and Chief Executive Officer, commented: "PetroLogistics is a world-class operation. Its capabilities are well aligned with our existing chemical and refining business. We look forward to welcoming PetroLogistics employees to Flint Hills Resources as we work together to build on their success."