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Dutch fuel tank giant Vopak seeks buyers for Australian terminals – The Australian Financial Review
In what could be a $1 billion plus auction, Euronext-listed fuel storage giant Vopak is shopping around its fuel storage operations…
A fuel tanker enters a Vopak terminal at the Port of Los Angeles in California. Bing Guan/Bloomberg
Analysts reckon Vopak could be worth 15x EBITDA or higher, thanks to the long-term contracts, which would mean a $1.1 billion-plus valuation.
Unlisted infrastructure…
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