Viston United Swiss-backed 2869889 Ontario failed to acquire Petroteq Energy for $386m.

Synopsis

Viston United Swiss-backed 2869889 Ontario failed to acquire Petroteq Energy, a company that economically produces oil, for $386m. On August 29, 2022, Viston United Swiss-backed 2869889 Ontario to withdraw its offer.

Principals

target

Petroteq Energy

bidder

2869889 Ontario

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Market Context