- VTTI Energy Partners (NYSE:VTTI) +3.2% AH after agreeing to acquire an additional 8.4% equity interest in VTTI Operating and associated pro-rata net debt from VTTI MLP Partners, which owns the interests in the entities that own the partnership's terminal facilities, for $96.2M.
- To help fund the deal, VTTI launches a public offering of 5.25M common units, with an underwriters option to purchase up to an additional 787.K units.
- VTTI also issues its Q2 results, saying "the international storage market remains supportive of international storage demand, with growth expected in global product consumption and inter-regional flows in the long-term."