Announced
Completed
Financials
Sources
Tags
Ukraine
Friendly
Private
Cross Border
Integrated Oil and Gas
oil and gas
Majority
Single Bidder
Acquisition
Completed
Synopsis
EastOne, an investment advisory firm, agreed to acquire a 50% stake of Geo Alliance, a oil and gas exploration and production group, from Vitol, an energy and commodities trader. Financial terms are not disclosed. “Throughout the 9 years, our partnership with Vitol has been productive and constructive. We are grateful to our partner for his support and contribution to the development of Geo Alliance Group" Mykhailo Bilostotsky, Geo Alliance Representative.
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