Vitol offers to acquire Vivo Energy for $2.3 billion

LONDON, UK: Vitol Investment’s newly formed BidCo has signed an agreement to acquire the entire issued and to be issued share capital of Vivo Energy (excluding Vivo shares held by the existing Vitol shareholders) for $2.3 billion, a bourse filing said. BidCo is a company indirectly owned by Vitol Investment Partnership II Limited (VIP II),…