Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Colony Announces Landmark Privatization of Tamoil and Oilinvest.


LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  -- Today, a historic agreement was signed between the Libyan government and affiliates of Colony Capital, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 in which Colonyoil Co. LLC has agreed to acquire Tamoil and Oilinvest, one of Europe's largest international oil refining and distribution companies. The agreement was made between Deputy Prime Minister A Deputy Prime Minister or Vice Prime Minister is, in some countries, a government minister who can take the position of acting Prime Minister when the real Prime Minister is temporarily absent.  His Excellency HIS EXCELLENCY. A title given by the constitution of Massachusetts to the governor of that commonwealth. Const. part 2, c. 2, s. 1, art. 1. This title is customarily given to the governors of the other states, whether it be the official designation in their constitutions and laws or not.  Dr. A. M. Zlitni and Thomas J. Barrack BARRACK. By this term, as used in Pennsylvania, is understood an erection of upright posts supporting a sliding roof, usually of thatch. 5 Whart. R. 429. , Jr., Chairman of Colony, at a gross enterprise value of 4 billion Euros. The Libyan government will retain a 35% interest in the ongoing company.

The transaction has proceeded under the stewardship of Dr. Shokri M. Ghanem, Chairman of the National Oil Corporation.

Tamoil owns and operates over 3,000 service stations in Europe, is a market leader in Italy and has oil refineries in Italy, Switzerland, Spain, and Germany.

About Colony Capital

Founded in 1991 by Chairman and Chief Executive Officer Thomas J. Barrack Jr., Colony is a private, international investment firm focusing primarily on real estate-related assets, securities and operating companies. The firm has invested approximately $28 billion in over 8,400 assets through various corporate, portfolio and complex property transactions. Colony has a staff of more than 160 and is headquartered in Los Angeles, with offices in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, Boston, Hawaii, London, Madrid, Paris, Rome, Beirut, Hong Kong, Seoul, Shanghai, Taipei, and Tokyo. For more information visit www.colonyinc.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jun 6, 2007
Words:221
Previous Article:$20 Million Series B Round Closed by Artificial Muscle, Inc.
Next Article:Branson Drenched in Drama with As The World Turns Taping.
Topics:



Related Articles
Mixed oligopoly, privatization, and strategic trade policy.
BIDS & PRIVATIZATIONS.
BIDS & PRIVATIZATIONS.
BIDS & PRIVATIZATIONS.
BIDS & PRIVATIZATIONS.
BIDS & PRIVATIZATIONS.
Developers build portfolios through military housing privatization initiative.
Air Force flies in to NYC selling new housing plan.
Abu Dhabi Open For Privatisation.
The money road: a lack of resources is causing states to look at privatization to fund transportation projects.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles