Total Energy Buys Savanna, Stranding Western Energy Deal
Transaction Type
Sellers
Buyers
Announce Date
Post Date
Estimated Price
444MM
Description
To acquire all issued, outstanding shares of Calgary, Alberta-based Savanna, creating a rig fleet in Australia and several North American shale plays. (Closing is expected in 2Q 2017)
Total Energy Buys Savanna, Stranding Western Energy Deal
Savanna Accepts Western Energy's Raised Offer, Rejects Total Energy's Bid