World fuel services corporation to acquire flyers energy group

Miami--(business wire)--world fuel services corporation (nyse: int) today announced that a wholly-owned subsidiary of the company has signed a definitive agreement to acquire flyers energy group (“flyers”) from the dwelle family, who have been engaged in the petroleum marketing industry for more than 40 years. the total purchase price for the acquisition will be approximately $775 million, of which $675 million will be paid at closing, consisting of cash and at the company's option, up to $50 m
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