InterOil Corporation acquisition

InterOil shareholders back purchase bid

“POMSoX Today (Tuesday) announced that shareholders overwhelmingly approved the transaction with Exxon Mobil Corporation at the Special Meeting,” according to Port Moresby Stock Exchange. 

“More than 91 per cent of the votes cast were in favour of the proposed transaction, an even greater percentage than the 80 per cent that previously voted to approve the original transaction at a Special Meeting on September 21, 2016.