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Investegate |Kistos PLC Announcements | Kistos PLC: Final results for the period to 31/12/21

Investegate announcements from Kistos PLC, Final results for the period to 31/12/21 ....

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- Sale of Tulip Oil Netherlands to Kistos...

Partager :
Sale of Tulip Oil Netherlands to Kistos Plc for EUR 220 million plus EUR 163 million of contingent payments
édité le 12/03/2021 - Plus de news de Tulip Oil - Voir la fiche entreprise de Tulip Oil
Tulip Oil Holding B.V. announces that the Company has signed a binding share purchase agreement to sell its subsidiary Tulip Oil Netherlands B.V. (TON) to Kistos Plc. (Kistos) for a headline consideration of EUR 220 million plus up to EUR 163 million(1) of contingent payments and EUR 5million of warrants (the Transaction). The Transaction remains subject to customary conditions precedent.
Kistos is a closed-ended investment company, listed on the AIM market in London, established with the objective of creating value for its investors through the acquisition and management of companies or businesses in the energy sector. ....

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