Breaking: Heirs Energies in $500m transaction acquires 20.07% stake in Seplat Energy

Heirs Energies has acquired the entire 20.07 percent equity stake (120.4 million ordinary shares) previously held by Maurel & Prom S.A. in Seplat Energy Plc (Seplat Energy) at a price of GBP3.05 pence per share, valuing the transaction at approximately $500 million. The acquisition by Africa’s leading indigenous integrated energy company was made public in […]

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