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Far pushes back Senegal sale as it assesses merits of potential takeover offer

Shareholder meeting to approve sale of Sangomar development stake to Woodside delayed for a second time ....

Far Ltd , இதுவரை லிமிடெட் ,

Australia's Far gets $159.2 mln buyout offer from Remus Horizons


Article content
Oil and gas explorer Far Ltd said on Thursday it received a A$209.6 million ($159.15 mln) all-cash takeover proposal from private investment firm Remus Horizons PCC Ltd.
The offer values Far at 2.1 Australian cents per share, representing a premium of 90.9% to the company’s shares last closing price of 1.1 Australian cents.
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Australia s Far gets $159.2 mln buyout offer from Remus Horizons Back to video
Cash-strapped Far has struggled due to the coronavirus-induced downturn in the oil and gas industry, with the Africa-focused explorer defaulting in June on its contributions to the Sangomar oil project off Senegal’s shore. ....

Nikhil Subba , Aditya Soni , Videsh Ltd , Far Ltd , Remus Horizons , Sangomar Deep , நிகில் சுபா , விதேஷ் லிமிடெட் , இதுவரை லிமிடெட் , ரெமுஸ் எல்லைகள் ,

Australia's Far gets $159.2 mln buyout offer from Remus Horizon


By Reuters Staff
1 Min Read
Dec 17 (Reuters) - Oil and gas explorer Far Ltd said on Thursday it received a A$209.6 million ($159.15 mln) all-cash takeover proposal from private investment firm Remus Horizon PCC Ltd.
Remus’ offer values Far at 2.1 Australian cents per share, the company said, representing a premium of 90.9% to its last close of A$0.011. ($1 = 1.3170 Australian dollars) (Reporting by Nikhil Subba in Bengaluru; Editing by Aditya Soni) ....

Nikhil Subba , Aditya Soni , Thomson Reuters Trust Principles , Far Ltd , Remus Horizon , Thomson Reuters Trust , நிகில் சுபா , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , இதுவரை லிமிடெட் , ரெமுஸ் அடிவானம் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,