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New Deal


Announced

Freehold Royalties to acquire Howard County Midland Assets for $92m.

Financials

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Transaction ValueÂŁ81m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Private

Cross Border

Acquisition

Majority

Friendly

United States

Single Bidder

mineral lands

Integrated Oil and Gas

Synopsis

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Freehold Royalties, an oil and gas company, to acquire Howard County Midland Assets, a mineral title and royalty assets owner, for $92m. The US Acquisitions enhance the quality of Freehold’s North American royalty portfolio through further strengthening of our peer leading realized commodity pricing, building on the production growth platform we have established in the Permian basin, and continuing to position our portfolio in the highest quality oil and gas development areas across North America.

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