ExxonMobil acquisition of InterOil: Delivering superior value to InterOil shareholders July 21, 2016
Value creating transaction for InterOil shareholders Per share of InterOil stock, InterOil shareholders will receive: Material and 45.00 worth of ExxonMobil common shares Immediate Premium 42.2% premium to InterOils closing price…
Transaction overview ExxonMobil to acquire InterOil in a transaction worth more than 2.5 billion(1) InterOil shareholders will receive ExxonMobil common stock valued at 45.00 and a Contingent Resource Offer price and Payment (CRP) for…
Delivering compelling value for InterOil shareholders Share consideration delivers immediate and material premium of: Material and 42.2% to InterOils closing price on May 19, 2016 (the day prior to the announcement of 1 immediate the…
Material premium for InterOil Shareholders (US per share) 6.2 tcfe 7.0 tcfe 8.0 tcfe 9.0 tcfe 10.0 tcfe Share consideration 45.00 45.00 45.00 45.00 45.00 CRP - potential payout(1) 5.66 12.73 19.80 26.87 US7.07 per InterOil share for…
CRP provides exposure to resource volume upside Cash payment of US7.07 per share for each tcfe of gross certified resource for PRL15 above 6.2 tcfe,(1) up to a maximum of 10 tcfe, with maximum CRP paid into escrow at close Final CRP…
Transaction background On June 30, 2016, InterOil announced receipt of a third party, unsolicited, conditional, non-binding proposal On July 18, 2016, InterOil publicly announced ExxonMobil was the party making the proposal The…
Transaction timeline Plan of Arrangement under Business Corporations Act (Yukon); requires approval of 66 2/3% of voting shareholders and court approval Information Circular expected to be mailed to shareholders in August 2016…
Value creating transaction for InterOil shareholders InterOil Corporation to be acquired by ExxonMobil, with InterOil shareholders receiving: Transaction Payment of 45 worth of ExxonMobil common shares per InterOil share metrics…
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