Announced
Forbes & Manhattan to acquire the Shale Industrialization Unit of Petrobras for $33m.
Financials
Transaction Value£24m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
oil shale
Integrated Oil and Gas
Brazil
Acquisition
Cross Border
Majority
Private
Pending
Friendly
Single Bidder
Synopsis
Forbes & Manhattan, a private merchant bank, agreed to acquire the Shale Industrialization Unit of Petrobras, a state-owned Brazilian multinational corporation in the petroleum industry, for $33m.
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