Capricorn Energy falls 4.6% after DNO says offer is final
DNO says its bid of $5.214 per Capricorn share will not be increased. Rival bidder Genel Energy had been tabling a higher cash offer last week.
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DNO says its bid of $5.214 per Capricorn share will not be increased. Rival bidder Genel Energy had been tabling a higher cash offer last week.
DNO said the terms of its revised all-cash offer are final and will not be increased. It also said it will not implement the offer by means of a contractual offer and confirmed the proposed US$5.214 per Capricorn share remains final.
DNO Will Not Increase Offer for Capricorn Energy