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downstream merger

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downstream merger
A type of merger in which a parent firm is absorbed into one of its subsidiaries.
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The division has been monitoring consolidation among the majors in the petroleum industry, which began in 1996 with a European downstream merger of BP and Mobil.
SAUDI ARABIA - Part 4 - The Overseas Oil Refining & Market Share ... by APS Review Oil Market Trends
This right arose from the decision by the extraordinary general meeting of Suzano held to approve the downstream merger of Suzano into Bahia Sul.
Brazilian paper merger complete by Solutions - for People, Processes and Paper
The coker was later included in Phillips' downstream merger with Ultramar Diamond Shamrock.
VENEZUELA - Downstream Parts Of Strategic Associations by APS Review Downstream Trends
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