Prax Lindsey Oil Refinery Limited

Phillips 66 Ltd has completed its acquisition of the assets and associated infrastructure of Prax Lindsey Oil Refinery Limited, a move that is expected to strengthen its position in the UK's fuel supply market.

Summary of transaction details:

• Value: Not disclosed
• Sector: Industrials & Energy
• Advisor: Not disclosed
• Key Entities: Phillips 66 Ltd, Prax Lindsey Oil Refinery Limited
• Location: North Killingholme, North Lincolnshire, UK

Note: The acquisition is a strategic move by Phillips 66 Ltd to enhance its presence in the UK's energy market and support the country's fuel supply resilience, and is expected to have a positive impact on the company's operations and efficiency.