Friday, December 27, 2024
Premier Oil shareholders vote in favour of Chrysaor merger- oil and gas 360

Premier Oil shareholders vote in favour of Chrysaor merger

Reuters LONDON – Premier Oil shareholders on Tuesday voted in favour of a reverse takeover of private equity-backed Chrysaor to create the British North Sea’s biggest oil and gas producer in which Premier shareholders will hold about 5.5%. “Shareholder approval for the Transaction has now been received,” said Premier, which will be renamed Harbour Energy but maintain its London listing.