Calumet Specialty Products Partners L.P. (CLMT) announced that it completed the previously announced acquisition of Royal Purple Inc. on July 3, 2012 for aggregate consideration of about $333 million, subject to customary purchase price adjustments.
The Royal Purple Acquisition was financed with the net proceeds of approximately $262 million from the June 2012 issuance of $275 million in aggregate principal amount of Calumet's 9 5/8% senior unsecured notes due 2020 and with cash on hand of approximately $71 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.