US Edition#Genesis Energy Completes $1.425 Billion Sale of Soda Ash Operations to WE Soda Ltd.
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#Genesis Energy Completes $1.425 Billion Sale of Soda Ash Operations to WE Soda Ltd.
'HOUSTON' '' Genesis Energy, L.P. (NYSE: GEL) has finalized a pivotal transaction, announcing the sale of its soda ash manufacturing and related operations, known as the Alkali Business, to an indirect affiliate of WE Soda Ltd. This move reflects a strategic decision by Genesis Energy to refocus its portfolio and streamline its business operations while capitalizing on the value of its soda ash segment. The transaction features an implied enterp…
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