World Fuel Services Corporation (NYSE:INT - News) today announced that it has completed the previously announced acquisition of AVCARD, a leading global provider of charge card services and contract fuel sales to the aviation industry. "AVCARD's robust data capture and reporting solution has a first class reputation in the business aviation industry and we are pleased to welcome their excellent management and technology team to World Fuel," stated Paul E. Stebbins, chairman and chief executive officer of World Fuel Services Corporation. "We expect this transaction to be $.02 - $.04 accretive in 2008."
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