SOCO International Plc - Acquisition of Merlon Petroleum
SIA Thu, 27 Sep 2018, 07:10am BST
CEO Ed Story speaks about the acquisition of Merlon Petroleum and the impact it will have on Soco. With a purchase price of approximately US$215 million, to be paid in cash and new SOCO shares, Story comments that \"Merlon creates a new hub for our business in Egypt, which we will utilise to support further growth not only in Egypt but also the wider MENA region.
Ed Story
President and Chief Executive Officer
Ed Story, President and Chief Executive Officer
Thu, 27 Sep 2018, 7:10am BST