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KM Financial Solutions | UPDATE 4-Faroe Petroleum shares soar after DNO makes hostile bid
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UPDATE 4-Faroe Petroleum shares soar after DNO makes hostile bid

25 Nov UPDATE 4-Faroe Petroleum shares soar after DNO makes hostile bid

Posted at 14:38h in News by
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Norway’s DNO has
launched a hostile bid to buy all of Faroe Petroleum in
a deal valuing the London-listed company at around 608 million
pounds ($781 million), sending Faroe shares up by a quarter.

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