New York - March 27, 2018
Aegean Marine Petroleum Network Inc. (NYSE:ANW) (“Aegean” or “the Company”) today announced that the contractual deadline (the “long stop date”) of March 27, 2018, for obtaining all necessary approvals for the Company’s previously announced share purchase agreement with the shareholders of H.E.C. Europe Limited (“H.E.C.”) has not been waived, and accordingly that agreement between Aegean and the H.E.C. shareholders has terminated in accordance with its terms.
About Aegean Marine Petroleum Network Inc.
Aegean Marine Petroleum Network Inc. is an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea. The Company procures product from various sources (such as refineries, oil producers, and traders) and resells it to a diverse group of customers across all major commercial shipping sectors and leading cruise lines. Currently, Aegean has a global presence in more than 30 markets and a team of professionals ready to serve its customers wherever they are around the globe. For additional information please visit: www.ampni.com.
Aegean Marine Petroleum Network Inc. press release