Trafigura’s Puma Said to Weigh Sale of $1.5 Billion Infra Assets

Oct. 12, 2021, 1:17 PM UTC

Puma Energy, the struggling fuel retailer and storage firm controlled by trading house Trafigura Group Pte, is in talks to sell some infrastructure assets for as much as $1.5 billion, according to people familiar with the matter.

The company is working with an adviser as it seeks buyers for marine storage terminals in more than 30 locations, the people said, asking not to be identified as the matter is private.

Australian infrastructure specialist IFM Investors Pty is among the parties to have expressed initial interest in the assets, the people said. Deliberations are ongoing and Puma Energy could also ...

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