SOCO International Completes Acquisition of Merlon
The company agreed with Merlon on the acquisition in exchange of around $136 million in cash, as well as issuing 65,561,041 new ordinary shares of SOCO to Merlon International.
The company agreed with Merlon on the acquisition in exchange of around $136 million in cash, as well as issuing 65,561,041 new ordinary shares of SOCO to Merlon International.
SOCO International has agreed to buy Merlon Petroleum El Fayum Company for around $215 million.
SOCO International announced a possible merger transaction with Kuwait Energy as the company confirms that it is studying a potential merger of equals with Kuwait Energy. The transaction comes in context of SOCO’s ...
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