Gran Tierra Energy (GTE) said Monday that its planned acquisition of i3 Energy has been approved by the UK energy company's shareholders.
The approval meets one of the conditions needed to finalize the proposed cash and share deal, Gran Tierra said, adding the transaction still requires regulatory approvals.
The acquisition is expected to be completed around Oct. 31, Gran Tierra said.
Price: 6.71, Change: -0.01, Percent Change: -0.15
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments