i3 Energy Acquired by Gran Tierra Energy

i3 Energy Plc (GB:I3E) has released an update.

i3 Energy Plc has been acquired by Gran Tierra Energy Inc. through a final cash and share transaction, with the arrangement being conducted under a Court-sanctioned scheme of arrangement. Share plan participants at i3 Energy have been dispatched letters detailing the impact of the acquisition on their options and awards. Full terms and conditions of the deal are available on both i3 Energy’s and Gran Tierra’s websites for interested parties.

For further insights into GB:I3E stock, check out TipRanks’ Stock Analysis page.