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Challenger Energy Group's Takeover by Sintana Energy Takes Effect

MT Newswires·12/17/2025 00:33:40
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12:33 AM EST, 12/17/2025 (MT Newswires) -- Challenger Energy Group (CEG.L) said Tuesday the scheme of arrangement for its takeover by Sintana Energy became effective. The British energy company's shares will be delisted from the London stock exchange's AIM segment on Wednesday. Challenger Energy's shareholders will receive 0.4705 new Sintana shares for each share held.