Viston United Swiss AG Announces Key Regulatory Milestones
Viston United Swiss AG (Viston) and its indirect, wholly-owned subsidiary, 2869889 Ontario Inc. (the Offeror) today announced completion of two key regulatory milestones in its premium cash offer (the Offer) to acquire all of the issued and outstanding common shares (the Common Shares) of Petroteq Energy Inc. (Petroteq) (TSX-V:PQE; OTC:PQEFF; FSE:PQCF).
- Viston United Swiss AG (Viston) and its indirect, wholly-owned subsidiary, 2869889 Ontario Inc. (the Offeror) today announced completion of two key regulatory milestones in its premium cash offer (the Offer) to acquire all of the issued and outstanding common shares (the Common Shares) of Petroteq Energy Inc. (Petroteq) (TSX-V:PQE; OTC:PQEFF; FSE:PQCF).
- Viston is pleased to announce that the Hart-Scott-Rodino Act (HSR Act) waiting period expired on February 4, 2022.
- The Investment Canada Act governs foreign investment in Canadian companies and therefore is another critical regulatory milestone.
- The Offeror is an indirect, wholly-owned subsidiary of Viston, a Swiss company limited by shares (AG) established in 2008 under the laws of Switzerland.