Recent Matters

    March 2017

    Houthoff Buruma advised VTTI B.V., a daughter company of Vitol, on a merger agreement with VTTI Energy Partners LP (VTTI). VTTI will acquire, for cash, all of the outstanding publicly held common units of the partnership, at a price of USD 19.50 per common unit for an aggregate transaction value of approximately USD 481 million. The transaction is to be effected through the merger of the partnership with a wholly owned subsidiary of VTTI B.V. The parties have entered into the definitive merger agreement on 8 May 2017. The merger is expected to close in the third quarter of 2017, and is subject to the satisfaction of certain conditions. Upon closing of the merger, the partnership will be an indirect wholly owned subsidiary of VTTI and will cease to be a publicly held partnership.

    Houthoff Buruma team included: Alexander Kaarls , Kyoko Tollenaar