Brooge Energy Closes Sale of BPGIC Units to Gulf Navigation and Declares Dividend

Reuters
2025.11.25 18:28
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Brooge Energy Limited has sold its BPGIC units to Gulf Navigation Holding PJSC and will distribute the proceeds as dividends to shareholders of record on September 10, 2025. This marks the final allocation of transaction proceeds, with no further payments expected. The announcement follows a prior agreement with Gulf Navigation.