Brooge Holdings (BROG) has released an update.
Brooge Energy Limited has executed a term sheet for the acquisition of its UAE-based subsidiaries by Gulfnav, with payment to include cash and shares pending regulatory approval and due diligence processes. Separately, the company has appointed Bansal & Co LLP as its new external auditor after the previous auditor’s PCAOB registration issues, with Bansal’s international experience and sector expertise expected to expedite the overdue audit process.
For further insights into BROG stock, check out TipRanks’ Stock Analysis page.
