chevron completes acquisition of Pasadena refining system, inc.
SAN RAMON, Calif., May 1, 2019— Chevron U.S.A. Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), today announced that it has completed the acquisition from Petrobras America Inc. of all the outstanding shares and equity interests of Pasadena Refining System, Inc. (PRSI) and PRSI Trading LLC for $350 million, excluding working capital.
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