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Hibiscus Petroleum Announces Proposed Acquisition Of TotalEnergies Brunei For $259.4 Mln

Energy

June 14 (Reuters) - Hibiscus Petroleum Bhd ::PROPOSED ACQUISITION BY SIMPOR HIBISCUS SDN OF TOTALENERGIES EP (BRUNEI) B.V..DEAL FOR USD259.4 MILLION.SIMPOR HIBISCUS ENTERED A CONDITIONAL SHARE PURCHASE AGREEMENT WITH TOTALENERGIES HOLDINGS INTERNATIONAL B.V..PROPOSED ACQUISITION EXPECTED TO HAVE A POSITIVE IMPACT ON CONSOLIDATED EARNINGS AND EPS OF HIBISCUS IN THE FUTURE.Further company coverage: HIBI.KL. (([email protected];)).

Previous BRIEF-United Malacca Posts May Production Next UPDATE 1-Malaysia's Hibiscus Petroleum to buy TotalEnergies Brunei for $259 mln

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