- | $PNX has placed at $15.7M the acquisition price of a Vietnamese company it acquired |
- | Phoenix Petroleum said it paid cash for the acquisition |
- | The acquired company is Origin LPG Vietnam Limited Liability Company (LLC), now renamed Phoenix Gas Vietnam |
| Going to Vietnam |
Phoenix Petroleum Philippines, Inc. has placed at $15.7 million the acquisition price of a Vietnamese company it bought in February that trades and distributes liquefied petroleum gas (LPG).
“Acquisition is part of the growth and expansion footprint of the Company not only in the Philippines but also within the Region,” the company led by well-known businessman Dennis A. Uy told the stock exchange.
October 2, 2019 10:13 am