DNO abandons Capricorn Energy takeover, clearing way for Genel's $436m rival bid

DNO will not increase its $396 million offer for Capricorn Energy after declaring the $5.214 per share bid final, abandoning its takeover and paving the way for rival bidder Genel Energy to proceed with its $436 million deal. Capricorn shares had fallen on the final-terms declaration.

Detected & updated continuously · Source: Nebula