Medco has made a final offer of 57.5p/sh (previously 55p/sh) to which the Ophir board has agreed. The offer would only be increased if another offer comes in from a third party. Coro Energy has decided not to make a formal offer. It had considered offering £0.40 per share in cash plus shares in Coro.
21 Mar 2019
FLASH: Increased final offer from Medco
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FLASH: Increased final offer from Medco
Ophir Energy (OPHR:LON) | 0 0 1.6% | Mkt Cap: 402.5m
- Published:
21 Mar 2019 -
Author:
Taro Kiley -
Pages:
2
Medco has made a final offer of 57.5p/sh (previously 55p/sh) to which the Ophir board has agreed. The offer would only be increased if another offer comes in from a third party. Coro Energy has decided not to make a formal offer. It had considered offering £0.40 per share in cash plus shares in Coro.