Vopak Tank Storage Operations Not for Sale
May 1, 2001 12:00 PM
The executive board of Koninklijke Vopak NV (Royal Vopak) has decided not to pursue a sale of its tank storage operations. This decision was endorsed unanimously by Royal Vopak's Supervisory Board.
After an article in the April 7 edition of the Dutch newspaper de Telegraaf, the board acknowledged an interest in its tank storage activities, which provide about two-thirds of Royal Vopak's cashflow.
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