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Emerging Markets

Panama Buys Out Petroterminal de Panama for US$191.7 Million

The Rio Times · 1h ago · 🇧🇷 Brazil

Panama Buys Out Petroterminal de Panama for US$191.7 Million

Panama's government approved a US$191.7 million buyout of the remaining 41% of Petroterminal de Panama. The state gains full control of the trans-isthmian pipeline and terminals, financed by the company's own cash flow. The post Panama Buys Out Petroterminal de Panama for US$191.7 Million appeared first on The Rio Times .

Read the full story at The Rio Times →

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