quiquestocks escribió:Lautaz: Vos pagas para tener acceso al financial times. En caso afirmativo, podrias pegar la nota completa?
Hoy abrí esa nota, ahora la quiero abrir otra vez y no me deja...
Swiss commodity house Mercuria is preparing to buy up the majority of the shares of Andes Energia, according to people with knowledge of the deal, as it moves to take control of the Argentina-focused shale explorer and widen its footprint in South America.
Mercuria, which already owns about 8 per cent of Andes, is expected to offer below the share price of the AIM and Argentina Stock Exchange-listed company, which has more than doubled in the last two months to value the company at more than £400m.
The commodity house, which trades about 2m barrels of oil a day, plans to execute the deal as a reverse takeover of its existing Argentina assets. Andes Argentina owns about 250,000 acres in the Vaca Muerta – or ‘Dead Cow’ – formation, which is seen as one of the best prospects for shale development outside of North America.
In March, Mercuria extended $60m in credit facilities to the company in an arrangement that put Anuj Sharma, an executive at the Swiss commodity house, as chief executive of Andes Argentina.
After news of the planned takeover offer, which was first reported by Bloomberg, Andes Argentina shares were suspended.
The company said in a statement that it, “confirms that it is in discussions with another party about a possible transaction which would under the AIM rules consitute a reverse takeover of the Company”.