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Valero Energy Partners buys two subsidiaries in $671 million deal

2015-02-28 04:42:32| Oil & Gas - Topix.net

Valero Energy Partners LP is taking over refined petroleum terminals in Houston and Louisiana after purchasing two subsidiaries belonging to Valero Energy Corp. for a total of $671 million. Under the deal, Valero Energy Partners LP is buying subsidiaries Valero Partners Houston LLC and Valero Partners Louisiana LLC from Valero Energy Corp. .

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