Capricorn Energy plc has confirmed it has received a proposal on a possible offer, of 381 pence per share, from private investor Samos Energy Ltd. UNDERTAKINGS The offer price, published on 22 July, is similar to the 2 July agreement between Capricorn and Genel Energy plc of US$4.74 (£3.57) for each share, comprising US$3.75 cash […]
Tag: possible offer
Deltic confirms Blue Concept exit from possible offer
Deltic Energy plc said its potential Norwegian purchaser Blue Concept Hld AS did not intend to make an offer for the company. SELENE The news follows Neo Next+ Energy Upstream UK Ltd’s £7.2 million cash offer on 7 April 2026 for the UK North Sea-focused explorer. The sale is expected to become effective during the […]
Capricorn agrees third extension for possible offer
Capricorn Energy plc has agreed to a third extension for a possible cash offer for the company from Alamadiyaf al-Masiyyah for Trading LLC. DEADLINE The company initially received “multiple unsolicited non-binding proposals” in March from Alamadiyaf al-Masiyyah, which is a member of the Saudi Arabia-based Cafani Group. The revised PUSU deadline has now been extended […]