Loyens & Loeff advised Petrofac Limited sells its remaining 51% interests in Petrofac Netherlands Holding B.V. to Perenco International Limited
Petrofac Limited has signed an agreement to sell its remaining 51% interest in its operations in Mexico - Petrofac Netherlands Holding B.V., including Santuario, Magallanes and Arenque, to Perenco (Oil & Gas) International Limited.
The terms of the transaction are substantially the same as the sale of a 49% non-controlling interest to Perenco in October 2018. The transaction is subject to regulatory approval and is expected to complete in 2020.
Freek HilberdinkPartner Senior Deputy Civil Law Notary
Freek Hilberdink, partner, is a member of the Corporate practice group in our Amsterdam office. He specialises in providing corporate advice on all aspects of national and international mergers, acquisitions, restructurings and joint ventures, with a strong focus on private equity transactions and management buyouts. He is a member of the Private Equity team.T: +31 20 578 52 09 M: +31 6 23 27 57 92 E: firstname.lastname@example.org