nov 25 reuters  commodities trader vitol will buy britains vivo energy vvol in a deal valued at roughly 23 billion the companies said on thursday as the dutch firm looks to expand its fuel distribution and marketing network in africa vivo shareholders will receive 179 in cash for each share they hold and six cents as an interim plus special dividend netherlandsbased vitol is the top shareholder in vivo energy with a 361 stake vitol said it had engaged with second largest shareholder helios on several occasions in the past few years in order to buy helios 271 stake the two shareholders in the ukbased company that distributes and markets shellbranded fuels and lubricants to retail and commercial customers in africa agreed on the purchase price of 179 per vivo share which represents a premium of about 25 to the stocks wednesday close vivos board plans to unanimously recommend the deal to shareholders vitols offer on thursday follows a 155 per vivo share proposal in february which was rejected by the companys board vitol said reporting by yadarisa shabong and pushkala aripaka in bengaluru editing by uttareshv and shailesh kuber