Grupo Gilinski gains control via Venezuelan acquisition premium deal
GPRK said a major brownfield acquisition in Venezuela offers production and value upside. Grupo Gilinski is becoming the controlling shareholder through a premium equity deal, with phased redevelopment and regulatory approvals expected within 120 days.
Grupo Gilinski is becoming the controlling shareholder through a premium equity deal tied to a major brownfield acquisition in Venezuela, according to the source. The phased redevelopment is expected to use existing infrastructure and expertise, with regulatory approvals anticipated within 120 d…