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Started By
Message
re: Pqeff: The Future of Refining Sand Wells
Posted on 8/29/22 at 7:25 am to I Love Bama
Posted on 8/29/22 at 7:25 am to I Love Bama
Viston withdrew the offer this am
Posted on 8/29/22 at 7:46 am to The Egg
Well there you have it. Total failure.
LINK
quote:
Viston and the Offeror have withdrawn the Offer following an evaluation of recent developments in connection with the Offer, including, without limitation, the rejection by the Committee on Foreign Investment in the United States of the joint voluntary notice submitted by the Offeror and Petroteq in connection with the Offer. As a result of such developments, Viston and the Offeror concluded that several conditions to the Offer (as restated in the Offeror’s Fifth Notice of Extension dated July 22, 2022 under the heading "Conditions of the Offer") are incapable of being satisfied or are likely to be unsatisfied as of the scheduled Expiry Time of 5:00 p.m. (Toronto time) on September 9, 2022.
LINK
This post was edited on 8/29/22 at 7:49 am
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