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Eterna Plc has reiterated its commitment to investing in Liquefied Petroleum Gas space and incrementally setting up necessary infrastructure for market penetration.
Rainoil Limited has completed the acquisition of majority shares in Eterna Plc, a publicly listed oil and gas company. The acquisition was completed following the successful purchase of majority shares of Eterna Plc, through its investment arm – Preline Limited. On the 21st of December 2020, Eterna Plc issued a public statement notifying […]
Rainoil Limited has completed the acquisition of majority shares in Eterna Plc, a publicly listed oil and gas company.
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.