RE:Deal Closing this Week??
MurrayMac: Yes, I was thinking the same thing. The announcement of the deal, and then the subsequent delays, seem to have corresponded rather well with the sudden and dramatic downturn in the oil markets.
From the PR announcing the deal:
"About Vagobel"
"Vagobel is currently investing in companies in the upstream industry and are CURRENTLY involved in opportunities in the Middle East and Africa."
"Upstream" ...meaning oil and gas exploration and production.
So I certainly think it's possible that Vagobel may have been caught 'holding the bag' on some of their other investments, thereby causing a change in their financial status.
This could have resulted in liquidity issues that left them having to re-arrange or divest other, potentially less liquid assets (real estate, etc.) in order to close the MNP deal as originally envisioned.
Like you said, it's just speculation, but a very plausible reason for the delay.
jmo