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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 10.4 NOK | +2.16% |
|
-0.76% | +3.28% |
| Apr. 08 | Correction: DNO Commits to Develop Brasse Oil Project in Norway | MT |
| Apr. 08 | DNO Commits to Develop Brasse Oil Project in Norway | MT |
(Reuters) - Faroe Petroleum rejected a hostile bid from Norway's DNO on Monday, saying it substantially undervalued the company.
Faroe said the company was worth substantially more than the 152p per share offered.
"We urge shareholders to reject DNO's opportunistic, unsolicited and inadequate offer," Faroe said.
(Reporting by Sangameswaran S in Bengaluru; Editing by Jan Harvey)
| 1st Jan change | Capi. | |
|---|---|---|
| +3.28% | 918M | |
| +11.22% | 306B | |
| +12.21% | 153B | |
| +52.31% | 124B | |
| +22.70% | 83.43B | |
| +12.20% | 78.06B | |
| +19.56% | 62.81B | |
| +13.52% | 60.08B | |
| +12.74% | 49.91B | |
| +33.97% | 37.05B |
DNO ASA 
