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BRIEF-Ardian buys 44 pct stake in oil pipeline network firm SPMR from Total, BP
July 3, 2017 / 3:48 PM / 3 months ago

BRIEF-Ardian buys 44 pct stake in oil pipeline network firm SPMR from Total, BP

July 3 (Reuters) - Ardian:

* Closed the acquisition of a 44 percent stake in Société du Pipeline Méditerranée Rhône (SPMR), the refined oil pipeline network company, from Total and BP

* Following deal, Ardian will be the largest shareholder in SPMR alongside Trapil, ESSO, ENI, Petrofrance and Thevenin & Ducrot, who all remain invested in co

* Ardian Infrastructure has become largest shareholder in SPMR Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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