Rubis (ENXTPA:RUI) entered into a share purchase agreement to acquire the remaining 50% stake in Delta Rubis Petrol Ticaret Ve Sanayi Anonim Sirketi on January 6, 2017. As a result of the transaction, Rubis will have full control of Delta Rubis Petrol. In 2016, Delta Rubis had $31 million revenue. The transaction is subject to approval from the Turkish competition authority. In February 2017, obtained approval from Turkish competition authority.