Transactions & Cases Detail
Citadel Capital and National Petroleum affiliates complete C$824.5 million acquisition of Rally Energy
September 27, 2007
Oil & Gas
834.48 Million CAD
On September 27, 2007, Rally Energy Corp. was acquired by an affiliate of Citadel Capital Company and National Petroleum Company S.A.E. The purchase price was C$7.30 Cdn per common share, and the difference between the exercise price and C$7.30 per outstanding option, for an aggregate purchase price of C$834,483,145.
McCarthy Tétrault advised Rally with a team that was led by Rick Pawluk.