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KM Financial Solutions | DNO presses on with $780 mln Faroe Petroleum cash bid despite board rejection
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DNO presses on with $780 mln Faroe Petroleum cash bid despite board rejection

11 Dec DNO presses on with $780 mln Faroe Petroleum cash bid despite board rejection

Posted at 08:48h in News by
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Norway’s DNO is sticking
to its offer to buy Faroe Petroleum for 152 pence per
share, valuing the company at about 610 million pounds ($761.65
million), insisting it is an attractive offer despite its
rejection by the Faroe board.

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