Vitol Investment Partnership Acquires MISC's Shareholding In VTTI B.V. for $830M

VTTI Energy Partners LP (NYSE: VTTI) has been informed by VTTI B.V. that Vitol Investment Partnership Limited ("VIP"), an investment vehicle sponsored by Vitol Holding B.V. ("Vitol"), which indirectly owns 50% of VTTI B.V., has acquired MISC Berhad's ("MISC") indirect 50% shareholding in VTTI B.V for cash consideration of $830 million (the "Acquisition").  VIP has acquired the shares through VIP Terminals Finance B.V., a wholly-owned indirect subsidiary of VIP.  VTTI B.V., which indirectly owns VTTI Energy Partners GP LLC, the general partner of the Partnership, will continue to be run as an independent company under the leadership of CEO Rob Nijst.In connection with the Acquisition, on November 9, 2015, Mr. Yang Chien Yee, Chairman of the Board of Directors (the "Board") of the general partner of the Partnership, and Captain Rajalingam Subramaniam, director, each resigned from the Board.  Mr. David Fransen and Mr. Francis Brenner replaced Mr. Yee and Captain Rajalingam as directors, effective November 9, 2015. Mr. Christopher Bake, a member of the Board since the Partnership's initial public offering in August 2014 (the "IPO"), has replaced Mr. Yee as Chairman of the Board. Mr. Fransen has served as the Managing See full press release