DNO offers to buy Faroe Petroleum for $780 mln in cash
25 Nov DNO offers to buy Faroe Petroleum for $780 mln in cash
Posted at 07:28h
in
News
by KMFSLLP
Norway’s DNO has offered
to buy Faroe Petroleum for 152 pence per share in cash,
valuing the London-listed company at 607.9 million pounds
($779.81 million), DNO, which already owns just over 28 percent
of Faroe, said on Monday.
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