Central Asian Industrial Holdings, N.V. offers to acquire control of Hurricane Hydrocarbons Ltd.
Toronto (ots-PRNewswire) - Central Asian Industrial Holdings, N.V. ("CAIH") today announced that it has submitted a proposal to acquire 18.4 million Class A Common Shares of Hurricane Hydrocarbons Ltd. ("HHL") at a cash price of Cdn.$10.25 per share. CAIH currently holds approximately 30%, or 23.9 million of HHL's outstanding Class A Common Shares. If the offer ...
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