HRT Participacoes em Petroleo acquires UNX Energy - MarketLine Financial Deals

HRT Participacoes em Petroleo acquires UNX Energy

HRT Participacoes em Petroleo acquires UNX Energy - MarketLine Financial Deals
HRT Participacoes em Petroleo acquires UNX Energy
Published Apr 29, 2011
4 pages — Published Apr 29, 2011
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Brief Excerpt:

...HRT Participacoes em Petroleo S.A. (HRT), a Brazil-based oil and gas exploration company, has acquired all of the outstanding common shares of UNX Energy Corp., a Canada-based oil and gas company focused on exploration for crude oil in offshore Namibia, Africa. Update on April 27, 2011: The shareholders of UNX have approved the company s proposed acquisition by HRT. The transaction is expected to close on April 29, 2011. Update on April 19, 2011: The shareholders of HRT have approved the company s plans to issue new shares to pay for the acquisition of UNX. HRT shareholders approved the issue of up to 1.35 million new common shares priced at BRL1,950 ($1,235.37) per share. The capital increase could have a maximum value of BRL2,600 million ($1,647.15 million). The capital increase is part of HRT s CAD730 million ($737.44 million) deal to buy 100% of UNX. Announcement (February 24, 2011): HRT has entered into a definitive agreement to acquire all of the outstanding common shares of UNX at...

  
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Document ID
MA52813_110303
Country
Country
Ticker
UNX=CA
Company
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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. "HRT Participacoes em Petroleo acquires UNX Energy" Apr 29, 2011. Alacra Store. Dec 11, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/HRT-Participacoes-em-Petroleo-acquires-UNX-Energy-2052-56970>
  
APA:
MarketLine Financial Deals. (2011). HRT Participacoes em Petroleo acquires UNX Energy Apr 29, 2011. New York, NY: Alacra Store. Retrieved Dec 11, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/HRT-Participacoes-em-Petroleo-acquires-UNX-Energy-2052-56970>
  
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