Serica Energy plc has secured an extension to EnQuest plc’s possible all-share offer by way of a reverse takeover for the UK North Sea-focused company. DISCUSSIONS EnQuest was due to state its firm intention to make an offer for Serica by 5pm on 4 April 2025 in accordance with the Panel on Takeovers and Mergers […]
Tag: all-share offer
Tullow-Kosmos abandon offer talks
Tullow Oil plc today said that preliminary talks have ended over a possible all-share acquisition of the company by Kosmos Energy plc. CONFIDENT The company added that initial discussions had been at a “very early stage and before due diligence had progressed between the parties”. Kosmos’s own statement read that it “did not intend to make […]
Tullow in all-share offer talks with Kosmos
Tullow Oil plc said it was in preliminary discussions regarding a possible all-share offer for the company by Dallas-based Kosmos Energy Ltd. ASSETS The American company has until 5pm on 9 January 2025 either to announce whether or not it intends to make an offer. The deadline can be extended with the consent of the […]