MAHA Energy: Sale of Maha Brazil will result in cash larger than market cap - Penser
A company undergoing transformation
Since Starboard became the main shareholder of Maha at the end of September, it has started a transformation of the company. So far, two major transactions have been announced: the sale of Maha Brazil, which includes Tie and Tartaruga; and the acquisition of DBO 2.0, which adds two offshore O&G assets in Brazil. It has also carried out a directed share issue that strengthened the finances and broadened the ownership base, and it is collecting bids for the US assets. We believe this is only the beginning.
Länk till analysen i sin helhet: https://docs.penser.se/a/3447/Maha230131.pdf
Länk till analysen i sin helhet: https://mfn.se/a/penser-access/sale-of-maha-brazil-will-result-in-cash-larger-than-market-cap-maha-energy