Brief: Maha Energy To Be Combined Wih DBO 2.0

Keo Capital AB

05/12/2022 08:19

Dec 5 (Reuters) - Maha Energy AB  MAHAa.ST :
    * REG-BUSINESS COMBINATION BETWEEN MAHA AND DBO 2.0 – A
PRIVATE
UPSTREAM OIL AND GAS COMPANY FOCUSING ON MATURE OFFSHORE FIELDS
IN BRAZIL
    * TERM SHEET REGARDING A BUSINESS COMBINATION WITH DBO 2.0
S.A.
("DBO") FOR A CONSIDERATION OF 36,775,410 NEW SHARES IN MAHA
    * TRANSACTION IS EXPECTED TO CLOSE IN Q1 2023.
    * DBO IS A PRIVATE UPSTREAM OIL AND GAS COMPANY FOCUSING ON
MATURE
OFFSHORE FIELDS IN BRAZIL

Source text for Eikon:  ID:nGNE9wQHYk 
Further company coverage:  MAHAa.ST 
 (Gdansk Newsroom)
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