News Releases

Baker Botts Represents Valero Energy Corporation in its Acquisition of Valero Energy Partners LP

Deal Description: On October 18, 2018, Valero Energy Corporation (NYSE: VLO) and Valero Energy Partners LP (NYSE: VLP) announced a definitive merger agreement pursuant to which VLO will acquire all of the outstanding public common units of its master limited partnership, VLP. The transaction is structured as an all cash transaction, with VLP public unitholders receiving $42.25 for each VLP common unit. Following consummation of the merger, VLP will become a wholly owned subsidiary of VLO. 

Baker Botts represented Valero Energy Corporation.

Baker Botts Lawyers/Office Involved:
Corporate: Jeremy Moore (Partner, Houston); Joshua Davidson (Partner, Houston); Eileen Boyce (Senior Associate, Houston); Jude Dworaczyk (Associate, Houston); Ieuan List (Associate, Houston)
Tax: Steve Marcus (Partner; Dallas)

For more information, please see VLO’s and VLP’s news release here.

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