Brooge Energy Ltd. Announces Sale Agreement of Subsidiaries to Gulf Navigation Holding PJSC
On May 27, 2025, Brooge Energy Ltd. announced that it has entered into a conditional sale and purchase agreement with Gulf Navigation Holding PJSC. The agreement involves the sale of 100% of the issued share capital of Brooge Petroleum and Gas Investments Company FZE and Brooge Petroleum and Gas Investment Company Phase III FZE. The transaction marks a significant strategic move for Brooge Energy as it aligns with their plans for the future. The details of the agreement, including any financial terms, have not been publicly disclosed.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brooge Energy Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-050129), on June 02, 2025, and is solely responsible for the information contained therein.
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