Info!
UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.

Ophir rejects Medco Energi offer

The Board of Ophir has unanimously rejected the possible offer announced by Medco Energi on 11 January 2019 to acquire the issued and to be issued share capital of Ophir at an offer price of 48.5 p/Ophir ordinary share.

A new South East Asian upstream powerhouse could have been created
had Indonesian company Medco been successful with its cash takeover bid for UK-listed Ophir Energy.

News Item details


Journal title: Petroleum Review

Region: Asia-Pacific

Subjects: Business management

Please login to save this item