Deal snapshot: Balmoral Funds Closes Acquisition of Petrochemicals Facility Operator Trecora Resources.

MANews-(C)2009-2022

US-based private equity fund Balmoral Funds, LLC has completed the acquisition of US-based specialty petrochemicals facility operator Trecora Resources at a price of USD 9.81 per share, net to each seller, in cash, without interest and subject to any required tax withholdings, the firm said.

The deal, announced in May, is worth around USD 247m. With...

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