BP to buy TravelCenters for $1.3 bln in U.S. fuel retail drive?

BP to buy TravelCenters for $1.3 bln in U.S. fuel retail drive?

WebMar 24, 2024 · BP is facing a rival bid for TravelCenters of America, which it's seeking to buy for $1.3 billion. ... It proposed financing the acquisition through cash on hand, external financing and new lines ... WebFeb 16, 2024 · The acquisition of TravelCenters is expected to add to BP's earnings before interest, taxes, depreciation, and amortization immediately, growing to around … arabic online ocr WebFeb 16, 2024 · The acquisition is expected to bring around 280 TravelCenters of America sites, spanning 44 US states nationwide, into the bp portfolio. These travel centers, which average around 25 acres, offer a full range of facilities for vehicles and fleet trucks, including more than 600 full-service and quick service restaurants, as well as truck ... WebFeb 16, 2024 · bp yesterday announced plans to invest $1bn in EV charging across the US by 2030. The acquisition price of $1.3 billion, or $86 per share, represents a multiple of around six times based on last ... arabic online lessons free WebFeb 21, 2024 · The acquisition of TravelCenters complements BP’s existing convenience and mobility business and will help expand its offers, including electric vehicle charging, … WebMar 28, 2024 · This communication may be deemed solicitation material in respect of the proposed acquisition of TravelCenters of America Inc. ("TravelCenters") by BP … arabic online newspaper WebFeb 16, 2024 · TravelCenters of America, which operates truck stops across the country under the TA brand, is getting bought by BP America. The price of the acquisition is approximately $1.3 billion, or $86 per share. TA stock (NASDAQ: TA) closed Wednesday at $49.44 per share. “Today’s announcement that BP is acquiring TA for $86 per share is a …

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