Phillips 66 is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Phillips 66 (NYSE:PSX) announced on Thursday the sale of a 65% stake in its Germany and Austria retail marketing business to a consortium owned by the subsidiaries of Energy Equation Partners and ...

Phillips 66 operates the refinery, Germany's largest, through a joint venture in which it holds a 18.75% interest. Debt-reduction plans. The move is not unexpected as the company has laid out debt ...

(Reuters) -Phillips 66 said on Thursday it will sell a 65% stake in its German and Austrian fuel retail business to a private equity-led consortium, valuing the unit at $2.8 billion, as the U.S ...

Phillips 66 will sell a 65% stake in its Germany/Austria retail business for ~$2.8 billion. The company expects ~$1.6 billion in proceeds and will retain a 35% non-operating stake. Get ahead of ...

HOUSTON, May 15, 2025--Phillips 66 announces agreement to divest majority interest in Germany and Austria retail marketing business.

The deal values the Germany and Austria retail marketing business at 2.5 billion euros ($2.79 billion), including debt. Phillips 66 expects to receive pre-tax cash proceeds of about 1.5 billion euros.

(Reuters) -Phillips 66 said on Thursday it will sell a 65% stake in its German and Austrian fuel retail business to a private equity-led consortium, valuing the unit at $2.8 billion, as the U.S ...

Phillips 66 (NYSE:PSX) announced today that its subsidiary, Phillips 66 Continental Holding GmbH, has entered into a definitive agreement to divest a 65 percent interest in its Germany and Austria ...

Phillips 66 said on Thursday it will sell a 65% stake in its German and Austrian fuel retail business to a private equity-led consortium, valuing the unit at $2.8 billion, as the U.S. refiner ...

The Germany and Austria retail business includes 970 sites, of which 843 are JET-branded sites. ... Phillips 66 is under no obligation (and expressly disclaims any such obligation) ...