-+ 0.00%
-+ 0.00%
-+ 0.00%
Apertura Energy Seeks to Buy Conterp Group for GBP25 Million
Share
Listen to the news
05:07 AM EDT, 08/11/2026 (MT Newswires) -- Apertura Energy (VZLA.L) signed a non-binding heads of terms to acquire Brazilian oilfield services company Conterp Group to support its strategy of becoming an exploration and production company in Venezuela. The London-listed energy group is offering a total of 25 million pounds sterling on a cash- and debt-free basis, with half to be settled in cash and the remaining by issuing new Apertura shares, according to a Tuesday filing. The proposed transaction remains subject to due diligence procedures, regulatory and shareholder approvals, and the completion of a placing offer.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending