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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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mildly positive

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CNE0.45
DNO0.30

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