Deal Snapshot: Statoilhydro Agrees to Buy Crude Oil Terminal in the Bahamas

Summary


MANAVIGATOR-July 8, 2009-Deal snapshot: STATOILHYDRO AGREES TO BUY CRUDE OIL TERMINAL IN THE BAHAMAS (C)2010 M2 COMMUNICATIONS http://www.m2.com

Norway's oil and gas company StatoilHydro (OSL:STL) said it has inked a stock purchase agreement to buy South Riding Point crude oil terminal in the Bahamas from Canadian World Point Terminal (TSE:WPO) for USD263.2m (EUR189m).

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Deal Snapshot: Statoilhydro Agrees to Buy Crude Oil Terminal in the Bahamas

Country: Baham...

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