Deal Snapshot: Canada's Nal Oil & Gas Agrees to Buy Alberta Clipper
M & A Navigator › July 31, 2010
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MANAVIGATOR-March 23, 2009-Deal snapshot: CANADA'S NAL OIL & GAS AGREES TO BUY ALBERTA CLIPPER (C)2010 M2 COMMUNICATIONS http:// www.m2.com
Canada's oil and gas trust NAL Oil & Gas Trust (TSE:NAE.UN) has agreed to buy local sector player Alberta Clipper Energy (TSE:ACN) for CAD115m (USD93m/EUR69m). In addition, NAL has agreed to sell 50% of all Alberta Clipper assets to its strategic partner, Manulife Financial Corp for CAD57.5m.See the full content of this document
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Deal Snapshot: Canada's Nal Oil & Gas Agrees to Buy Alberta Clipper
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