{"id":57497,"date":"2025-03-15T02:55:06","date_gmt":"2025-03-14T23:55:06","guid":{"rendered":"https:\/\/www.al-sindbad.net\/gulf-navigation-set-to-close-brooge-energy-deal\/57497\/"},"modified":"2025-03-15T02:55:06","modified_gmt":"2025-03-14T23:55:06","slug":"gulf-navigation-set-to-close-brooge-energy-deal","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/gulf-navigation-set-to-close-brooge-energy-deal\/57497\/","title":{"rendered":"Gulf Navigation set to close Brooge Energy deal"},"content":{"rendered":"<p><\/p>\n<p>Dubai shipping firm Gulf Navigation (GulfNav) has been given the go-ahead by its shareholders to acquire the assets held by crude storage provider Brooge Energy. The takeover plan, announced in October 2023, covers $125m in cash payment, the issuance of about 359m new shares to Brooge worth $122m, and $626m in mandatory convertible bonds (MCBs). &#8230;<\/p>\n<\/p>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dubai shipping firm Gulf Navigation (GulfNav) has been given the go-ahead by its shareholders to acquire the assets held by crude storage provider Brooge Energy. The takeover plan, announced in October 2023, covers $125m in cash payment, the issuance of about 359m new shares to Brooge worth $122m, and $626m in mandatory convertible bonds (MCBs). &hellip;<\/p>\n","protected":false},"author":1,"featured_media":57498,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59],"tags":[25660,3499,1202,2370,1497,1655,3088,16219],"class_list":["post-57497","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-port-news","tag-brooge","tag-close","tag-deal","tag-energy","tag-gulf","tag-navigation","tag-set","tag-united-arab-emirates"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/57497","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=57497"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/57497\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/57498"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=57497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=57497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=57497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}