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Private energy company Cygnet Energy Ltd. signed an agreement to buy Kiwetinohk Energy Corp. in a deal valued at $1.4 billion, or $24.75 per share.
Cygnet Energy Ltd. entered into a definitive agreement to acquire all shares of Kiwetinohk Energy Corp. for C$24.75 per share in cash, totaling approximately C$1.4 billion including assumed debt. The acquisition is expected to close in late December 2025.