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Insight Acquisition Corp. (INAQ) to Combine with Avila Energy in $192M Deal

Insight Acquisition Corp. (INAQ) to Combine with Avila Energy in $192M Deal

Insight Acquisition Corp. (NYSE:INOQ) has entered into a definitive agreement to combine with oil and gas producer Avila (CSE:VIK) for an equity value of $192.6 million at $10.30 per share. Calgary-based Avila operates oil and gas fields in Western Alberta and is working to transition to selling clients renewable energy products. The combined company is
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