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Vivo Energy records strong 2021 results as volumes recover

Vivo Energy records strong 2021 results as volumes recover
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Oil trader Vitol snaps up UK s Vivo Energy in $2 3 billion deal

Oil trader Vitol snaps up UK s Vivo Energy in $2 3bn deal

Commodities trader Vitol will buy Britain’s Vivo Energy in a deal valued at roughly $2.3 billion, the companies said on Thursday, as the Dutch firm looks to take full control of the distributor of Shell- and Engen-branded fuels in Africa. Shares in Vivo, which has a network of about 2,330 service stations across Africa, jumped as much as 21 percent to 134.8 pence, just below

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