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ERG ERG SpA

20.34
0.00 (0.00%)
03 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ERG SpA BIT:ERG Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 20.34 23.38 20.44 0.00 07:18:54

Lukoil Buys Stake in Sicily ISAB Refinery for $503 Million

04/09/2012 3:46pm

Dow Jones News


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By James Marson

MOSCOW--OAO Lukoil Holdings (LKOH.RS), Russia's No. 2 oil producer, said Tuesday it had completed the acquisition of a 20% stake in the ISAB refinery in Sicily from Italy's ERG SpA (ERG.MI) for 400 million euros ($503 million).

The deal, which was first announced in January, increases Lukoil's stake in the refinery to 80%.

Write to James Marson at james.marson@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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