Brief: Starvest Says Investee Company Kuwait Energy Acquired By United Energy

Starvest

05/04/2019 11:39

April 5 (Reuters) - Starvest PLC  SVE.L :
    * INVESTEE COMPANY CASH ACQUISITION BY UNITED ENERGY
    * UEG HAS PAID US$1.464 PER SHARE FOR KUWAUT ENERGY, OR A
TOTAL
CONSIDERATION OF APPROXIMATELY US$477 MILLION
    * INVESTEE COMPANY KUWAIT ENERGY PLC HAS BEEN ACQUIRED BY
HONG
KONG LISTED UNITED ENERGY GROUP LIMITED IN AN ALL-CASH
TRANSACTION

Source text for Eikon:  ID:nRSE2728Va 
Further company coverage:  SVE.L 

 ((Reuters.Briefs@thomsonreuters.com;))