BRIEF-Sintana Energy To Acquire Challenger Energy

Reuters10-09
BRIEF-Sintana Energy To Acquire Challenger Energy

Oct 9 (Reuters) - SINTANA ENERGY

  • RECOMMENDED ALL SHARE OFFER FOR CHALLENGER ENERGY

  • RECOMMENDED ALL SHARE OFFER FOR CHALLENGER ENERGY

  • CHALLENGER SHAREHOLDERS TO RECEIVE 0.4705 NEW SINTANA SHARES PER SHARE

  • CHALLENGER VALUED AT ABOUT £45 MILLION OR C$84 MILLION ON A FULLY DILUTED BASIS

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

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