Azerbaijan's SOCAR signs deal to buy refiner Italiana Petroli
Petrol
BAKU :Azerbaijan's state oil company SOCAR agreed on Tuesday to buy Italiana Petroli, securing control of one of Italy's largest petrol station networks, a Reuters witness reported from the signing ceremony. The event took place during the international investment forum in Baku and confirmed what sources told Reuters last week, without giving financial details of the deal. People close to the matter previously told Reuters that the seller, Italy's Brachetti Peretti family, was seeking an
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