Vitol Buys Controlling Stake in Saras from Billionaires Moratti

The family of Italian billionaire Massimo Moratti agreed to sell a controlling stake in refiner Saras SpA to the commodities trading giant Vitol Group, in a deal which valued the company at about €1.7 billion ($1.9 billion).

By: financialpost.com

Feb 11 2024
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Vitol Buys Controlling Stake in Saras from Billionaires Moratti

(Bloomberg) — The family of Italian billionaire Massimo Moratti agreed to sell a controlling stake in refiner Saras SpA to the commodities trading giant Vitol Group, in a deal which valued the company at about €1.7 billion ($1.9 billion). Read More

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