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Market Impact: 0.35
DNO Raises Capricorn Energy Offer To Approx $396 Mln In Revised Deal
Source: Nasdaq
M&A & RestructuringEnergy Markets & Prices
DNO ASA announced a revised recommended all-cash offer to acquire Capricorn Energy. The updated bid advances a potential consolidation transaction in the oil and gas sector and is likely to be most relevant for DNO and Capricorn Energy shares.
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Overall Sentiment
mildly positive
Sentiment Score
0.25
Ticker Sentiment
CNE0.45
DNO0.30
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