In what was described as a ‘landmark’ deal, Capricorn Energy (LON:CNE) agreed a takeover offer from Genel Energy (LON:GENL). The cash offer, at $4.74 per Capricorn share including dividends, values the firm at $360 million or £271 million. Landmark acquisition Genel CEO Paul Weir called the acquisition ‘a landmark transaction that delivers our strategic intent, … Continue reading Genel swoops on Capricorn Energy in ‘landmark’ deal