Increased and final cash offer for Faroe Petroleum plc by DNO ASA

Source Press Release
Company DNO ASAFaroe Petroleum plc 
Tags Corporate Deals, Deals, Upstream Activities
Date January 08, 2019

DNO ASA ("DNO"), the Norwegian oil and gas operator, today announces an increased and final cash offer of 160 pence for each Faroe Share. The consideration under the Final Offer implies a value of approximately £641.7 million for the fully diluted share capital of Faroe, including shares already held by DNO.

Source: EvaluateEnergy® ©2019 EvaluateEnergy Ltd