EQV Ventures Shareholders Back Merger with Presidio Oil and Gas Operator

GlobeNewswire Inc.GlobeNewswire Inc.
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Key Takeaway

EQV Ventures shareholders approve merger with oil and gas operator Presidio. Combined company will trade as 'FTW' on NYSE starting March 5, 2026.

EQV Ventures Shareholders Back Merger with Presidio Oil and Gas Operator

Shareholders of EQV Ventures Acquisition Corp. have voted to approve a business combination with Presidio Investment Holdings LLC, an oil and gas operator specializing in mature, producing assets. The transaction is expected to close on March 4, 2026, with the combined entity continuing to trade on the New York Stock Exchange under the ticker symbol 'FTW' beginning March 5, 2026.

The merger brings together EQV's SPAC platform with Presidio's established operations in the oil and gas sector. Presidio has outlined a strategic framework centered on implementing a dividend strategy that leverages its capital-light operational model while pursuing accretive acquisition opportunities to drive shareholder returns.

The completion of this business combination marks a consolidation within the energy sector, positioning the merged entity to capitalize on operational efficiencies and growth initiatives in the mature asset management space.

Source: GlobeNewswire Inc.

Back to newsPublished Feb 28

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