Acquiring Company
Greenland Energy Company
Acquired Company
80 Mile
TexasEnergyOil And GasEnergyOil And GasRenewable EnergyDescription
80 Mile PLC has accepted terms for a £61.5 million all-share takeover by Greenland Energy Company. This acquisition values 80 Mile at a premium and aims to consolidate interests in the Jameson Land Basin. Shareholders will receive Greenland Energy shares for their 80 Mile holdings. The proposal is still subject to due diligence and regulatory approvals.
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M&A Insights
Based on deal dataFrequently asked
Who acquired 80 Mile?
80 Mile was acquired by Greenland Energy Company, based in Texas. The deal was reported on September 8, 2026. Greenland Energy Company is formed through a merger involving Pelican Acquisition, March GL, and Greenland Exploration Ltd. Greenland Energy Company is publicly traded (GLND) and operates in Energy.
When did Greenland Energy Company acquire 80 Mile?
Greenland Energy Company's acquisition of 80 Mile was reported on September 8, 2026. 80 Mile PLC has accepted terms for a £61.5 million all-share takeover by Greenland Energy Company. This acquisition values 80 Mile at a premium and aims to consolidate interests in the Jameson Land Basin. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does 80 Mile do?
80 Mile plc is a London-listed exploration and development company with energy, critical minerals and industrial gas projects in Greenland, Finland and Italy. Its portfolio includes several key projects, such as the Jameson Land Basin gas and liquids project. It is privately held, operating in Energy.
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