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The acquisition of French oil and gas company Maurel & Prom is completed by State-owned energy company Pertamina. After buying 47,916,026 units (24.53 percent) of the company's shares from Pacifico Pertamina acquired Maurel & Prom.
In 31 July 2016, the acquisition process started when Pertamina and Pacifico inked an acquisition deal. The takeover of Pacifico's stake in Maurel et Prom was completed on 25 August, with a transaction value of 201.2 million.
Pacifico sold its stake in Maurel & Prom for 4.20 euros per share. However Pertamina must pay an extra 0.50...