Announced
Completed
Financials
Tags
Majority
oil storage and transportation
Domestic
Friendly
Acquisition
downstream
Private
Angola
Single Bidder
Integrated Oil and Gas
oil assets
Completed
Synopsis
Sonangol, a petroleum and natural gas production company, completed the acquisition of the Angolan assets of Puma Energy, a mid-and downstream oil company, for $600m. “The completion of the rights issue and consolidation of Puma Energy into the Trafigura Group is good news for Puma Energy’s employees, customers and investors," Hadi Hallouche, Puma Energy CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.