The transaction was disclosed via a Form 8-K filing published on the Securities and Exchange Commission's EDGAR system on August 5, 2026. This current status is announced, meaning the transaction has been publicly disclosed but the closing has not yet occurred, or closure status is not reflected in the available source material.
Gran Tierra Energy engaged two financial advisors to represent its interests as the divesting party. BofA Securities Inc. is serving as the lead financial advisor to the target, while RBC Capital Markets is serving in a supporting financial advisory capacity to Gran Tierra Energy on this divestiture transaction. No other financial advisors to either party were identified in the source material.
No legal advisors were identified in the available source material for this transaction.
The transaction is structured as a divestiture with a disclosed deal value of $1,330,000,000 USD. However, the specific composition of the consideration, whether in cash, stock, or a combination thereof, is not disclosed in the available source material. Similarly, the identity of the acquirer or purchasing party is not specified in the information provided.
The following material details remain undisclosed or unknown: the identity and name of the acquirer purchasing these divested assets, the specific composition of consideration (whether all-cash, mixed, or other structure), the expected closing date or timeline for completion, which specific assets or business lines Gran Tierra Energy is divesting, any conditions precedent to closing, and whether any regulatory approvals are required or pending. The source material confirms only the announcement and the headline transaction value.