Deal Insight

Qatar's Al Mirqab Capital assumes control of Heritage Oil

This report is currently unavailable

This report is currently unavailable

Get this Deal Insight as part of a subscription

Enquire about subscriptions

Already have a subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

London listed Heritage is to be taken over by Al Mirqab Capital - a privately owned Qatari investment company. Heritage's largest stakeholder - Anthony Buckingham - will retain a 20% stake. Al Mirqab's £3.20 per share offer effectively values Heritage at US$1.71 billion (US$1.37 billion for an 80% stake), and represents a 25% premium to the previous day's closing price. We value the deal at US$1,034 million; a 25% discount to the purchase price.

What's included

This report contains

  • Document

    Qatar's Al Mirqab Capital assumes control of Heritage Oil

    PDF 789.96 KB

Table of contents

Tables and charts

This report includes 7 images and tables including:

Tables

  • Executive summary: Table 1
  • Deal analysis: Table 1
  • Deal analysis: Table 2
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2
  • Upstream assets: Table 1

Images

  • Heritage share price (£ pence) and key transactions

You may be interested in

Asset Report

OML 30

Asset Report

OML 26

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898