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InterOil Says Supreme Court Of Yukon Approves ExxonMobil Deal...

  1. barry731
    1,465 Posts.
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    22/02/17
    12:16
    Post #: 22808108
    InterOil Says Supreme Court Of Yukon Approves ExxonMobil Deal

    February 20, 2017, 08:32:00 PM EDT By RTT News




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    (RTTNews.com) - InterOil Corp. ( IOC ) announced that the Supreme Court of Yukon has granted a final order approving the arrangement between InterOil and Exxon Mobil Corporation ( XOM ). The arrangement was approved by more than 91% of the shares voted at a Special Meeting on February 14, 2017 and has now received all necessary approvals. InterOil and ExxonMobil expect the transaction to be completed this week.
    It was in July 2016 that Exxon Mobil agreed to buy InterOil in a transaction worth more than $2.5 billion


    Read more: http://www.nasdaq.com/article/interoil-says-supreme-court-of-yukon-approves-exxonmobil-deal-20170220-00750#ixzz4ZN7n8UFc
    KPL Price at posting: 7.0¢ Sentiment: Buy Disclosure: Held
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