Vitesse Energy (VTS) said Friday that it has completed its all-stock acquisition of Lucero Energy.
The deal was approved by Vitesse and Lucero shareholders and was granted court approval this week, the Colorado energy company said.
Vitesse said it now owns all shares of Lucero, acquiring 0.01239 per share of Vitesse for each share of the Canadian acquisition target.
Lucero, which is now a unit of Vitesse, will be delisted from the Toronto Stock Exchange, Vitesse said.
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