Acquiring Company
Purchaser
Acquired Company
Andora Energy Corporation
Chicago
North BrabantInformation TechnologyEnergyOil And GasBiomass EnergyDescription
CanAsia Energy Corp. has entered an agreement for the sale of Andora Energy Corporation to an Alberta corporation for C$30 million in cash. The transaction includes potential additional payments based on oil production milestones. Closing is subject to shareholder and TSXV approval, expected around October 30, 2026.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Andora Energy Corporation?
Andora Energy Corporation was acquired by Purchaser, based in Chicago. The deal was reported on August 15, 2026. The Purchaser is a large publicly traded company that has entered into an arrangement agreement with Gear Energy Ltd. Purchaser is privately held and operates in Information Technology.
When did Purchaser acquire Andora Energy Corporation?
Purchaser's acquisition of Andora Energy Corporation was reported on August 15, 2026. CanAsia Energy Corp. has entered an agreement for the sale of Andora Energy Corporation to an Alberta corporation for C$30 million in cash. The transaction includes potential additional payments based on oil production milestones. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Andora Energy Corporation do?
Andora Energy Corporation specializes in energy development and production. They are involved in the Sawn Lake heavy oil project. The company focuses on oil extraction and production. It is privately held, operating in Energy, and is based in North Brabant.