Amber Energy secures court approval for PDV Holding takeover bid
Amber Energy has received court approval for its planned acquisition of PDV Holding. The proposed takeover was reviewed by Judge Leonard P. Stark of the United States District Court for the District of Delaware. Legal guidance for Amber Energy came from White & Case LLP, which advised on the share sale structure. The court’s approval marks a significant step forward for Amber Energy’s expansion plans. However, the deal still depends on fulfilling all remaining legal and regulatory obligations. Completion is not expected before 2026.
