Mercuria Energy Group Ltd. made a stalking horse bid to acquire assets from Aegean Marine Petroleum Network Inc. (OTCPK:ANWW.Q) on November 5, 2018. Under the terms Mercuria will pay $15 million in cash and will wave all debt. Mercuria will pay a $19 million as break-up fee. Transaction is subject to bankruptcy court approval. Gagnier Communication and Kirkland & Ellis LLP acted as legal advisors and Moelis & Company (NYSE:MC) acted as financial advisor for Aegean Marine Petroleum Network Inc. Mercuria Energy Group Ltd. cancelled the acquisition of assets from Aegean Marine Petroleum Network Inc. (OTCPK:ANWW.Q) on December 15, 2018.