Puma, Trafigura, Sonangol sign recapitalization and buisness transfer deals

In:

Oil & gas

Region:

Middle East & Africa

Puma Energy, Trafigura, and Sonangol have announced a series of agreements to recapitalize Puma and transfer its Angolan business to Sonangol.Trafigura has agreed to purchase from Sonangol its entire shareholding in Puma Energy in a $600 million deal; while Puma Energy is selling its Angolan...

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