i3 Energy Plc (GB:I3E) has released an update.
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i3 Energy has announced that its acquisition by Gran Tierra Energy has been finalized through a court-sanctioned scheme of arrangement. As part of the deal, i3 Energy shareholders will receive a combination of new Gran Tierra shares and cash. The shares of i3 Energy have been suspended from trading on AIM and TSX following the completion of the acquisition.
For further insights into GB:I3E stock, check out TipRanks’ Stock Analysis page.