- | PHEN makes Tender Offer for PPG |
- | 75.92% will be owned by the company |
| Open Offer by PHEN |
Phinma Energy Corp. will be making a public open offer to acquire +23.68% of its subsidiary, PPG (Phinma Petroleum and Geothermal Inc.) shares, which will then be included in the shares it will sell to AC Energy Inc. After the purchase, the company will own 75.92% or 189,801,107 common shares of the outstanding capital stock of PPG.
May 15, 2019 2:17 pm