Heirs Energies takes over French firm’s 20.7% Seplat stake in $500m deal

Heirs Energies has completed the acquisition of the 20.07 per cent equity stake formerly held by French oil company Maurel & Prom S.A. in Seplat Energy Plc, in a transaction valued at about $500 million. The acquisition, confirmed in a statement on Wednesday, was executed at 305 pence per share and marks a major consolidation

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