KM Financial Solutions | DNO offers to buy Faroe Petroleum for $780 mln in cash
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DNO offers to buy Faroe Petroleum for $780 mln in cash

DNO offers to buy Faroe Petroleum for $780 mln in cash

Norway’s DNO has offered
to buy Faroe Petroleum for 152 pence per share in cash,
valuing the London-listed company at 607.9 million pounds
($779.81 million), DNO, which already owns just over 28 percent
of Faroe, said on Monday.

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