Gulf Navigation set to close Brooge Energy deal

Capt. John

Dubai shipping firm Gulf Navigation (GulfNav) has been given the go-ahead by its shareholders to acquire the assets held by crude storage provider Brooge Energy. The takeover plan, announced in October 2023, covers $125m in cash payment, the issuance of about 359m new shares to Brooge worth $122m,...

https://splash247.com/gulf-navigation-set-to-close-brooge-energy-deal/

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