Aegean Marine gets bid from Mercuria Energy
Two weeks after filing for Chapter 11 restructuring, bunker suppler Aegean Marine Petroleum has been allowed to access a credit facility by Mercuria that will help it maintain operations. Mercuria has also tabled a $681m bid for Aegean ahead of the official launch of takeover offers.
The stalking horse agreement, filed with the U.S. bankruptcy court for the southern district of New York, means that any other bids for Aegean must exceed the offer made by Mercuria
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