Previous close | 6.12 |
Open | 6.10 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's range | 6.10 - 6.45 |
52-week range | 3.12 - 6.96 |
Volume | |
Avg. volume | 79,773 |
Market cap | 12.13M |
Beta (5Y monthly) | 0.99 |
PE ratio (TTM) | 0.11 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
LONDON (Reuters) -Gabon's national oil company has agreed to acquire Carlyle's Assala Energy after it used its right to preempt the sale of the business for $1.3 billion to France's Maurel & Prom, the firms said on Friday. Maurel & Prom had agreed in August to acquire Assala Energy for $730 million, a deal which also included rolling over a $600 million credit facility. But following a military coup in the west African country in late August, the Gabonese national oil firm sought to exercise its preemptive right on the acquisition in November.
French energy company Maurel & Prom said on Friday it will not acquire Carlyle's Assala Energy in Gabon as the Gabonese national oil company signed a share purchase agreement with Assala. This new share purchase agreement "supersedes" the deal made between the French firm and Carlyle, the company said. Maurel & Prom had agreed in August to acquire Assala Energy for $730 million, a deal which included rolling over a $600 million credit facility.
Venezuela and the U.S. have progressed in talks that could provide sanctions relief to Caracas by allowing at least one additional foreign oil firm to take Venezuelan crude oil for debt repayment if President Nicolas Maduro resumes negotiations with the opposition in Mexico, five sources said.