Announced
Completed
DNO acquired shares in Faroe Petroleum.
Financials
Transaction Value£115m
Consideration TypeCash
Capital Owned-
Capital Bid For28%
EV/Sales2.7x
EV/EBITDA8.41x
Share Price Premium-
One Off Charge-
Sources
Tags
Integrated Oil and Gas
oil and gas exploration and production
production
exploration
oil & gas
Public
Completed
Hostile
Single Bidder
United Kingdom
Minority
Acquisition
Synopsis
DNO, the Norwegian oil and gas operator, acquired additional shares in Faroe Petroleum at a price of GBP 1.25 per share representing 25.37% of the outstanding shares in Faroe Petroleum.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
No credit card required
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.