{
Ahmad Kilani

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}
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gulf navigation secures 871 million acquisition of brooge energy assets

Gulf Navigation Holding PJSC has secured shareholder approval for an $871 million acquisition of Brooge Energy Limited's assets, enhancing its position in the midstream oil and gas sector. The deal includes cash, new shares, and Mandatory Convertible Bonds, aiming to drive operational efficiencies and support sustainability goals. Completion is anticipated in the second quarter of 2025, pending regulatory approvals.
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United Arab Emirates Dirham Gulf Navigation Holding PJSC Brooge Energy Limited ARE Ahmad Kilani Show more
Business & Industry, Press Release
02:12 17.03.2025
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