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Rompetrol Rafinare S.A. — M&A Activity 2018
Jul 3, 2018
2318_iss_2018-07-03_9c6ad1c0-c8b3-4377-8d8a-b2f5ce6f098a.pdf
M&A Activity
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03 July 2018
Press release
KMG International Group (KMGI) informs that the transaction on acquisition of 51% of shareholding interest in KMG International N.V. by China Energy Company Limited will not be completed.
The long-stop date by which the parties were to obtain all of the condition precedent has expired on 30th of June 2018 and the parties will not extend the period thereof.
The above decision has no impact on the operations of KMG International N.V. and its subsidiaries and they continue to benefit from the full support of its parent National Company "KazMunayGas".
KMG International
Vice President Corporate Development
Alexey Golovin
KMG International N.V. WorldTradeCenter Strawinskylaan 807, Tower A, 8th floor 1077XX Amsterdam, The Netherlands
Tel.: +31 205 75 23 90 Fax: +31 205 75 23 99 www.kmginternational.com Registered at the Chamber of Commerce Amsterdam. No. 24297754