Valero Energy Partners LP Announces Acquisition of Certain Valero Terminaling Businesses for $671 Million
SAN ANTONIO, Feb. 27, 2015 /PRNewswire/ — Valero Energy Partners LP (NYSE: VLP, the Partnership) today announced that the board of directors of its general partner has approved the Partnership’s acquisition of certain businesses from subsidiaries of Valero Energy Corporation (NYSE: VLO, Valero). In the transaction, the Partnership will receive the outstanding membership interests in Valero Partners Houston, LLC and Valero