LUKOIL Sells Getty
Posted by Timothy Haves on Mar 3, 2011 in Blog | Comments Off on LUKOIL Sells GettyJERICHO, N.Y. — LUKOIL Americas Corp. has sold its subsidiary, Getty Petroleum Marketing Inc., to Cambridge Petroleum Holding Inc., an affiliate of Cambridge Securities LLC, a firm specializing in investments and operations in the oil and gas services industry. The sale was completed on February 28, 2011, following an extensive review and sale process. Terms of the sale were not disclosed.
After the sale, LUKOIL Americas will continue, through its subsidiary LUKOIL North America LLC, to operate its existing LUKOIL branded network in the Mid-Atlantic