Leading offshore law firm Mourant Ozannes has advised Heritage Oil Plc on its takeover by Energy Investments Global Ltd, a wholly-owned subsidiary of Al Mirqab Capital SPC.
The takeover, which was implemented by way of a Jersey court sanctioned scheme of arrangement, valued Heritage Oil at approximately £924 million. Anthony Buckingham, Heritage Oil’s CEO, retained a 20 per cent interest in Heritage Oil following completion of the takeover.
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