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The yield on the two-year French government bond fell by 10.7 basis points to 2.390%; the yield on the 30-year French government bond dropped by 2.3 basis points to 4.328%. The yield on the 10-year Italian government bond fell by 8.7 basis points to 3.525%. The yield on the 10-year Spanish government bond dropped by 5.2 basis points to 3.293%. The yield on the 10-year Greek government bond fell by 7.4 basis points to 3.522%.

This asset acquisition will significantly expand Battalion's oil and gas reserves in the core area of the Permian Basin.

Meanwhile, the company's board of directors is under investigation for its role and decision-making process in this transaction. This privatization proposal represents a significant turning point for existing shareholders. The cash acquisition price of $10.50 per share has become the central focus for evaluating shareholder equity and the board's performance. The investigation aims to examine whether the board adequately protected shareholder interests during transaction negotiations and fulfilled its fiduciary duties. Market attention is focused on the fairness of the acquisition price, the timing of the transaction, and the transparency of the board's decisions. Shareholders are advised to closely monitor developments and timely evaluate their own shareholding strategies.