POTENTIAL DEAL DETAILS
|Stock||Brooge Energy Limited||Symbol||BROG|
|Date Announced||08/17/2022||Source||Press Release|
|Type||Unsolicited Bid||Acquiring Company/Person||BPGIC Holdings|
Brooge Energy, (BROG) a Cayman Islands-based energy infrastructure service provider, which is currently engaged in clean petroleum products, biofuels, crude oil storage, and related services, announced that its majority shareholder, BPGIC Holdings, has expressed an interest to acquire all the shares of the Company that it does not currently own and to take the Company private.
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.