POTENTIAL DEAL DETAILS
|Stock||Höegh LNG Partners LP||Symbol||HMLP|
|Date Announced||12/06/2021||Source||Press Release|
|Type||Unsolicited Bid||Acquiring Company/Person||Höegh LNG Holdings Ltd.|
|Date of Confirmation:||05/25/2022||Price at Confirmation:||$9.04|
|Potential Profit:||111.21%||Annualized Profit:||238.79%|
Höegh LNG Partners LP (HMLP) announced that the Board of Directors of the Partnership received an unsolicited non-binding proposal, dated December 3, 2021, from Höegh LNG Holdings Ltd. pursuant to which Höegh LNG would acquire through a wholly owned subsidiary all publicly held common units of the Partnership in exchange for $4.25 in cash per common unit.
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