Capricorn Energy plc has granted more time to Alamadiyaf al-Masiyyah for Trading LLC, a member of the Cafani Group, to make a cash offer for the company. FUNDING The fourth extension to the PUSU gives Alamadiyaf al-Masiyyah until 5pm on 29 July 2026 to announce whether or not it intends to make a firm offer. […]
Tag: PUSU deadline
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 […]