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Economy 1 MIN READ

BRIEF-Basic Energy Corp Executes Subscription Deal To Buy 60% Stake In Filoil Energy Co

December 16, 2021By Reuters
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Dec 16 (Reuters) – Basic Energy Corp BSC.PS:

  • ON DEC 7 EXECUTED SUBSCRIPTION AGREEMENT TO BUY 60% STAKE IN FILOIL ENERGY COMPANY INC.

  • AGREEEMNT FOR CASH INVESTMENT OF AGGREGATE AMOUNT OF 3 BILLION PESOS

Source text for Eikon: ID:nPSXwYJFV

Further company coverage: BSC.PS

((Reuters.Briefs@thomsonreuters.com;))

This article originally appeared on reuters.com

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