January 22, 2020 / 2:28 PM / a month ago

Real estate developer bid $240 mln for Philadelphia oil refinery -documents

NEW YORK, Jan 22 (Reuters) - Chicago-based real estate developer Hilco Redevelopment Partners is expected to pay $240 million in its winning bid for the Philadelphia Energy Solutions refinery site, bankruptcy court documents showed on Wednesday.

Any sale would have to be approved by the United States Bankruptcy Court for the District of Delaware. (Reporting by Laila Kearney Editing by Chizu Nomiyama)

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