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Tag: formal sale process

Finance News Oil & Gas

Hurricane Energy initiates own sale process

Hurricane Energy plc said it would begin a formal sale process after receiving an unsolicited cash offer from an unnamed bidder for the company. INDICATIVE OFFER The offshore oil and gas company added that the indicative offer of 7.7 pence per share was at a premium of “only 13%” compared with the mid-market closing price of 6.8 pence per […]

Posted on 2 November 202227 March 2024 Author editorial Comment(1)

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