Chrysaor buys out Premier Oil, paying off Premier creditors E! News UK

Chrysaor buys out Premier Oil, paying off Premier creditors E! News UK

LONDON (Reuters) – Premier Oil PMO.L and private equity-backed Chrysaor will merge in a reverse takeover that will see Premier’s creditors pay $ 1.23 billion in cash and its shareholders taking 5.45% of the combined group, announced Tuesday. companies. FILE PHOTO: Drilling rigs are parked in the Cromarty Firth near Invergordon, Scotland, Britain January 27, […]

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