Tuscany Hires Duo to Explore Alternatives

Tuscany Hires Duo to Explore Alternatives

Colombia M&A Canada

Canada-based LatAm-focused Tuscany International Drilling has hired Citi and Black Spruce Merchant Capital as financial advisors as it looks to explore strategic alternatives, Tuscany says. It has also hired McCarthy Tetrault as its legal advisor for the process, and would look to take action as soon as this year, depending on market conditions, says a person familiar with its plans. A second person familiar with the matter says Tuscany is likely looking to increase its perception in the marketp

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