Vista recieves ADIC investment

Vista recieves ADIC investment

Equity Funds Energy Gas Argentina

Vista Oil & Gas said the Abu Dhabi Investment Council (ADIC) has agreed to pay $55m for as much as 26.5% of the Mexico-listed company. ADIC will acquire 5.5m shares in Vista, equal to 16.5% of the company, and also have the option to buy another 5m shares, equal to 10%, Vista said in a press release. ADIC previously acquired 9.99% of Vista for $70m, a Vista spokesperson said. With plans to invest more than $2bn in the next five years, Vista secured a five-year loan for $300m in July last

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