Brief: X-Energy, Ares Acquisition Corporation Mutually Agree To Terminate Business Combination Agreement
31/10/2023 11:42
Oct 31 (Reuters) - Ares Acquisition Corp AAC.N :
* X-ENERGY AND ARES ACQUISITION CORPORATION MUTUALLY AGREE
TO
TERMINATE BUSINESS COMBINATION AGREEMENT
* X-ENERGY REACTOR COMPANY, LLC - AN INVESTMENT VEHICLE
AFFILIATED
WITH ARES MANAGEMENT AGREED TO MAKE A PRIVATE INVESTMENT INTO CO
* X-ENERGY REACTOR COMPANY, LLC- AAC INTENDS TO DISSOLVE AND
LIQUIDATE AND WILL REDEEM ALL OF OUTSTANDING CLASS A ORDINARY
SHARES ON OR ABOUT NOV 7
Source text for Eikon: ID:nBw3Std8qa
Further company coverage: AAC.N
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