Chevron to buy biodiesel producer for $3.15 billion

History | Renewable Energy Group


Chevron Corp. confirms it is acquiring Iowa based Renewable Energy Group, a leading U.S. biodiesel producer in a $3.15 billion deal.

Renewable Energy, also known as REG, is based in Ames and Chevron is acquiring the firm of $61.50 a share reported The Des Moines Register.

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