Acquiring Company
Altaris Holding Ltd
Acquired Company
Nostrum Oil & Gas PLC
New YorkHealth CareVenture CapitalEnergyOil And GasDescription
Nostrum Oil & Gas PLC has announced the sale of its Kazakhstan operations to Altaris Holding Ltd for USD304.6 million. Following the sale, the company plans to initiate an orderly wind-down process. Nostrum expects to use the proceeds to repay its outstanding senior secured notes. Shareholders may not see material residual proceeds from this transaction.
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Based on deal dataFrequently asked
Who acquired Nostrum Oil & Gas PLC?
Nostrum Oil & Gas PLC was acquired by Altaris Holding Ltd, based in New York. The deal was reported on August 17, 2026. Altaris Holding Ltd is a private investment firm. It focuses on acquiring and managing companies within various industries. The firm seeks to create long-term value through strategic management decisions. Altaris Holding Ltd is privately held and operates in Health Care.
When did Altaris Holding Ltd acquire Nostrum Oil & Gas PLC?
Altaris Holding Ltd's acquisition of Nostrum Oil & Gas PLC was reported on August 17, 2026. Nostrum Oil & Gas PLC has announced the sale of its Kazakhstan operations to Altaris Holding Ltd for USD304.6 million. Following the sale, the company plans to initiate an orderly wind-down process. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Nostrum Oil & Gas PLC do?
Nostrum Oil & Gas PLC is an independent mixed-asset energy company with world-class gas processing facilities and an export hub located in north-west Kazakhstan. The company’s shares are listed on the London Stock Exchange under the ticker symbol NOG. It is privately held, operating in Energy.