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Rainoil completes acquisition of major stake in Eterna Plc - Vimarsana News

Rainoil completes acquisition of major stake in Eterna Plc

Rainoil Limited has completed the acquisition of majority shares in Eterna Plc, a publicly listed oil and gas company.

Rainoil becomes majority owner of Eterna Oil after buyout of 61% interest - Vimarsana News

Rainoil becomes majority owner of Eterna Oil after buyout of 61% interest

No mention has been made of the value of the transaction but deals like this often come at a premium to the market price to arrive at fair value for both parties.