Petro-Victory Merger with ATE
This is a news story, published by Yahoo Finance, that relates primarily to ATE news.
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Petro-Victory and ATE to merge for growth and asset diversification

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Petro-Victory Energy will be acquired by Azevedo & Travassos Energia ( ATE ) The merger is aimed at increasing shareholder value through strategic growth and asset diversification.
ATE will undertake a capital increase through a private placement of 205.48 million units at 0.73 reais ($ 0.134 ) per unit, amounting to $ 27 m.
The transaction is subject to customary conditions, including the completion of the capital increase.
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