PBF Cleared to Acquire Second California Refinery for $960 Million
February 1, 2020
Cleary Gottlieb acted as antitrust counsel to PBF Energy Inc. (PBF) in its acquisition of a Martinez, California, refinery and related logistical assets from Shell Oil Products US (Shell) for approximately $960 million.
PBF and Shell completed the transaction on February 1, 2020.
Cleary has previously served as antitrust counsel to PBF, including in connection with PBF’s acquisition of ExxonMobil’s Torrance, California, refinery.
For more information, please see the press release here.