Shelton Petroleum AB: Shelton Petroleum Makes a Public Offer to the Shareholders of Petrogrand
Shelton Petroleum AB (“Shelton”) today announces an offer to acquire all the outstanding shares in Petrogrand AB (“Petrogrand”), (“the Offer”). Shelton offers 0.30 B shares in Shelton for each share in Petrogrand which is corresponds to a premium of 38.9 % compared to the closing price of yesterday. Summary The …