Genoil acquires 100% stake in Two Hills Environmental - MarketLine Financial Deals

Genoil acquires 100% stake in Two Hills Environmental

Genoil acquires 100% stake in Two Hills Environmental - MarketLine Financial Deals
Genoil acquires 100% stake in Two Hills Environmental
Published Feb 14, 2011
2 pages — Published Feb 14, 2011
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Brief Excerpt:

...Genoil, Inc., an engineering technology development company, has acquired 100% of the issued and outstanding common shares of Two Hills Environmental, Inc., a provider of oilfield disposal services. Both the companies are based in Canada. Announcement (December 2, 2010): Genoil has entered into an agreement to acquire 100% of the issued and outstanding common shares of Two Hills. The consideration will consist of $0.10 million in cash, 2.5 million shares of Genoil and also a warrant to purchase 0.25 million common shares at market price, as well as to satisfy a debtor and litigant of $0.8 million against Two Hills, Genoil will issue 2.5 million common shares. Target Two Hills Environmental, Inc. Acquirer Genoil, Inc. Deal status Completed Deal category Acquisition Deal sub-category 100% acquisition Date of announcement Dec 02, 2010 Date of completion Feb 14, 2011...

  
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Document ID
MA41238_101207
Country
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GNO=CA
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "Genoil acquires 100% stake in Two Hills Environmental" Feb 14, 2011. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Genoil-acquires-100-stake-in-Two-Hills-Environmental-2052-48305>
  
APA:
MarketLine Financial Deals. (2011). Genoil acquires 100% stake in Two Hills Environmental Feb 14, 2011. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Genoil-acquires-100-stake-in-Two-Hills-Environmental-2052-48305>
  
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