PE-Backed Ringo Holdings Acquires Estrella Shares
Ringo Holding LP, an Ontario-based partnership owned by South American private equity firm Southern Cross Group, has acquired securities of Estrella International Energy Services Ltd. at a price of $0.15 per unit, for an aggregate purchase price of $25 million. Estrella, an oil and gas business with primary operations in Columbia and other South American countries, has been a portfolio investment of Southern Cross since 2011.
25 April 2013•3 mins read
