Capricorn Energy PLC Share News (CNE)

Capricorn to merge with NewMed in Israel-Egypt gas tie-up, ditching Tullow

Capricorn-NewMed deal to value Capricorn at 271 p/shr

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LONDON MARKET MIDDAY: Stocks fall on new Russia-Europe pipeline leak

(Alliance News) - Stock prices in Europe were lower on Thursday afternoon, with Wednesday's bond market intervention by the Bank of England providing only temporary respite for unnerved investors.

TOP NEWS: Capricorn proposes NewMed merger; withdraws from Tullow deal

(Alliance News) - Capricorn Energy PLC on Thursday proposed a merger with NewMed Energy Ltd Partnership as it withdrew its recommendation for the previously agreed combination with Tullow Oil PLC.

TOP NEWS: Tullow Oil half-year profit soars; committed to merger

(Alliance News) - Tullow Oil PLC on Wednesday reported a jump in interim profit and stated that it remains committed to its all-share merger with peer Capricorn Energy PLC.

Tullow Oil sticks to Capricorn merger plans, $200 mln cashflow guidance

LONDON, Sept 14 (Reuters) - Africa-focused Tullow Oil said on Wednesday it would stick to the current form of its plan all-share merger plan with Capricorn Energy, shrugging off criticism from some Capricorn investors who say the deal undervalues the company.

Tullow Oil sticks to Capricorn merger plans, $200 mln FY cashflow guidance

LONDON, Sept 14 (Reuters) - Africa-focused Tullow Oil said on Wednesday it would stick to the current form of its plan all-share merger plan with Capricorn Energy, shrugging off criticism from some Capricorn investors who say the deal undervalues the company.

Capricorn shareholder Schroders against Tullow merger in current form

LONDON, Sept 13 (Reuters) - Capricorn Energy shareholder Schroders would vote against the oil and gas producer's planned merger with Tullow Oil in its current form, the investment company's head of UK and European Mid and Small Caps told Reuters on Tuesday.

LONDON MARKET MIDDAY: FTSE 100 shades green; US returns from holiday

(Alliance News) - The FTSE 100 was being boosted by housebuilders at midday on Tuesday, while a raft of UK consumer stocks were enjoying a rally on the hopes that the new prime minister, Liz Truss, will help soften the blow of surging energy bills.

Capricorn explores other deals as Tullow merger faces backlash

Sept 6 (Reuters) - Capricorn Energy, whose planned merger with rival Tullow Oil has faced investor backlash, said on Tuesday it was exploring alternative deals after unnamed parties expressed interest.

TOP NEWS: Capricorn Energy considering alternatives to Tullow merger

(Alliance News) - Capricorn Energy PLC on Tuesday said it is considering alternatives to its previously announced merger with Tullow Oil PLC, as it posted a narrowed loss in the first half of 2022.

LONDON BRIEFING: Truss takes reins; Australia hikes rates for 4th time

(Alliance News) - Stocks in London were called to open lower on Tuesday as Europe continues to face an energy crisis, while sterling strengthened as Liz Truss starts work as the new prime minister of the UK.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: JPMorgan downgrades IHG to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Key investor Madison Ave says Capricorn worth more than planned Tullow deal

LONDON, Aug 15 (Reuters) - Major Capricorn Energy investor Madison Avenue sees Capricorn's value at a minimum of 300 pence per share, above its value in a planned merger with Tullow Oil, adding its voice to criticism of the deal by some Capricorn investors.

Capricorn should ditch Tullow merger deal, Palliser says

LONDON, Aug 9 (Reuters) - Capricorn Energy should ditch its proposed merger with Tullow Oil, investor Palliser has said in a letter seen by Reuters, describing it as "one-sided" and short of "meaningful strategic rationale".