DNO ASA has announced the terms of an offer for the whole of the issued and to be issued share capital of Faroe Petroleum. The offer will be 152p/share in cash for each Faroe share, valuing Faroe’s existing issued and to be issued share capital at c £607.9m.
28 Nov 2018
Faroe Petroleum - DNO cash offer for Faroe at 152p/share
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Faroe Petroleum - DNO cash offer for Faroe at 152p/share
Faroe Petroleum (FPM:LON) | 0 0 (-0.4%) | Mkt Cap: 371.0m
- Published:
28 Nov 2018 -
Author:
Sanjeev Bahl -
Pages:
2
DNO ASA has announced the terms of an offer for the whole of the issued and to be issued share capital of Faroe Petroleum. The offer will be 152p/share in cash for each Faroe share, valuing Faroe’s existing issued and to be issued share capital at c £607.9m.