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Greenfire agrees to buy Connacher for $1.29 billion cash

PUBT·07/22/2026 20:25:03
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Greenfire agrees to buy Connacher for $1.29 billion cash
  • Greenfire entered a definitive deal to buy Connacher Oil and Gas, valuing Connacher’s Class A common shares at USD 1.29 billion in cash.
  • Offer sent July 14, 2026; scheduled to expire Aug. 4, 2026, unless extended.
  • Connacher shareholders holding about 73.6% signed voting support agreements to tender shares under the offer.
  • Completion targeted for about Aug. 12, 2026, subject to closing adjustments and conditions, including all shares being deposited.
  • Greenfire also plans a rights offering for gross proceeds of at least USD 575 million to help fund the transaction.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenfire Resources Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-080404), on July 22, 2026, and is solely responsible for the information contained therein.