Applegreen Plc (AIM:APGN) entered into a conditional agreement to acquire 50% stake in Joint Fuels Terminal in Dublin Port from Topaz Energy Group Limited for approximately €15.7 million on January 4, 2017. As part of the deal financing, the transaction will be funded from existing resources. The deal is subject to the satisfaction of a number of conditions including the approval of the Competition and Consumer Protection Commission. The transaction is expected to complete in first quarter of 2017. On July 3, 2017, the Competition and Consumer Protection Commission has approved the transaction. The transaction is expected to close by mid-July 2017. This acquisition is expected to be earnings accretive from 2017. Stephane Auton and Patrick Castle of Shore Capital and Corporate Limited and Joe Gill and Siobhan Wall of Goodbody acted as the financial advisors for Applegreen. Paddy Hughes of Drury Porter Novelli acted as the PR advisor for Applegreen.