Energean Strikes $Multimillion EIL Deal
Energean has entered into a conditional sale and purchase agreement with Kerogen Investments No.38 Limited for the proposed acquisition of its 30 percent shareholding in Energean Israel Limited. Energean plc (LSE: ENOG) has announced that it has entered into a conditional sale and purchase agreement with Kerogen Investments No.38 Limited, an affiliate of Kerogen Capital, for the proposed acquisition of its 30 percent shareholding in Energean Israel Limited (EIL). As part of the deal, which would result in Energean owning 100 percent of EIL’s share capital, Energean would provide a total con...