Genel Energy rejects £202 million takeover offer

Oil producer Genel Energy (LON:GENL) has rejected a £202 million takeover offer from Norwegian energy giant DNO. The Scandinavian firm revealed it had approached the Genel board in late July with a cash offer which was turned down. £202 million opening offer According to the DNO press release, it approached Genel on 28 July with … Continue reading Genel Energy rejects £202 million takeover offer