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Cnergyico to buy 57.37pc of Puma Energy Pakistan

KARACHI: Cnergyico Pk Limited is set to buy controlling stake in Puma Energy Pakistan Private Limited, which will double its retail business and.

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Cnergyico buys majority stake in Puma Energy - Newspaper

Puma Energy runs 542 petrol pumps and owns two storage terminals in Punjab’s Machike and Sindh’s Daulatpur.

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Sale deals agreed by Trafigura, Sonangol and Puma

Sale deals agreed by Trafigura, Sonangol and Puma
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Trafigura Takes Control of Troubled Puma Energy as CEO Exits

Trafigura Takes Control of Troubled Puma Energy as CEO Exits Bloomberg 3 hrs ago Andy Hoffman © Bloomberg Construction workers ride in the back of a pickup truck past a Puma Energy Holdings Pte. Ltd. gas station Lilongwe, Malawi, on Tuesday, June 26 2018. The diversification of the agriculture-reliant economy is a top priority, Malawian President Peter Mutharika said in an interview on Monday. (Bloomberg) Commodities trader Trafigura Group will take back near full control of its troubled Puma Energy subsidiary following the Angolan state oil company’s exit. Popular Searches Trafigura’s ownership will rise to more than 90% after it took up most of a $500 million rights issue and Sonangol agreed to sell its 32% stake in a deal valued at $600 million. The Angolan company will swap its equity stake for Puma’s operations in the African nation with no cash changing hands, a Trafigura spokesperson said.

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