One-Page Deal Sheet
ExxonMobil Acquires InterOil in Deal Worth Over $2.5 Billion
ExxonMobil Interoil Corporation
Announced Date
July 21,2016
Close Date
February 23,2017
Transaction Type
Corporate
Enterprise Value (EV)($MM)
2500
Asset/Basin:
{"Papua LNG/PNG LNG area (Papua New Guinea)"}
Location
Region
Asia - Pacific,Austral-Asia
Country
Papua New Guinea
Transaction Details: Subscribe to see
Closing Announcement - February 23, 2017
InterOil announced the completion of the previously announced transaction with Exxon Mobil Corporation (XOM).
Under the terms of the transaction, ExxonMobil acquired all of the outstanding common shares of InterOil, and InterOil shareholders received 0.5459 shares of ExxonMobil for each InterOil common share and a contingent resource payment (that has been deposited into escrow on closing and will be subsequently released, with applicable adjustments, following certification of the Elk-Antelope resource).
Initial Announcement - July 21, 2016Exxon…
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