Maha Energy, DBO Sign Merger Term Sheet

Sweden-based Maha Energy has signed a binding term sheet regarding a business combination with DBO 2.0 S.A. (“DBO”) for a consideration of 36,775,410 new shares in Maha. According to Maha, DBO is a private upstream oil and gas company focusing on mature offshore fields in Brazil formed in 2017. The company says that DBO has... Continue Reading →

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