Lionheart Capital, Keo Energy Create Nasdaq-Listed Company for Venezuelan Oil Assets in $1 Billion Deal
Lionheart Capital and Keo Energy are creating a Nasdaq-listed company to pursue Venezuelan oil assets through a merger with Lionheart Holdings, Lionheart Capital's blank-check firm, in a transaction that values the company at about $1 billion.
The structure would give the venture a public listing as it seeks assets in Venezuela, placing the firms among investors targeting the country's oil sector.
From the sources (4 posts)
@financialjuiceLionheart Capital aims to list Venezuelan oil firm at about $1 billion valuation via merger with Lionheart Holdings blank-cheque vehicle - FT
@firstsquawkLionheart Capital aims to list Venezuelan oil firm at about $1 billion valuation via merger with Lionheart Holdings blank-cheque vehicle - FT
@staunovoInvestment firms join Donald Trump’s $100bn race for Venezuelan oil Lionheart Capital and Keo Energy create Nasdaq-listed company to pursue assets in Latin American nation.
@macrosigUS investment firm Lionheart Capital plans to list Venezuelan oil company through a merger with its blank check firm Lionheart Holdings. The deal values the company at approximately $1 billion.