ADNOC acquires 10% of VTTI

Home Affiliate News ADNOC acquires 10% of VTTI

ADNOC acquires 10% of VTTI

Further to the announcement of 7 August 2017, ADNOC has acquired 10% of VTTI.

VTTI is now owned 10% by ADNOC, 45% by IFM Global Infrastructure Fund (IFM GIF), an investment vehicle managed by IFM Investors, and 45% by Vitol (both directly and through Vitol Investment Partnership II Ltd, an investment vehicle sponsored and managed by Vitol).

VTTI continues to be managed by an independent management team led by CEO Rob Nijst.

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